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Listed by Diane Godwin-Luckeyof RE/MAX Concepts Moline
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Est. payment /mo
0.56 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12710894
Style Other
Year Built 1965
Annual Tax Amount $9,729
Tax Year 2025
Lot Size 0.560 Acres
Lot Dimensions 88x127
Property Sub-Type Two to Four Units
Property Description
RARE & UNIQUE INESTMENT OPPORTUNITY with the added potential for owner occupancy! This well-maintained brick four-plex is situated on a picturesque, wooded park-like setting with a peaceful bridge/creek offering tenants a private and serene environment that is rarely found in multifamily properties. Each of the four spacious units features 2 bedrooms, 1 full bath, laundry, an attached 1-car garage, and separate utilities. The property has been well cared for over the years, and all units are in very good condition. Also a beautifully updated 3-bedroom, 3-bath brick ranch located at the front of the property, which is also available for purchase. Live in the ranch while collecting rental income from the four-plex, or add both properties to your investment portfolio for an exceptional combination of owner occupancy and long-term income potential. Opportunities like this are hard to find. A quality, income-producing property in a peaceful, park-like setting with privacy, mature trees, and a scenic creek, all while offering excellent rental appeal and investment potential. Call Listing Agent - 24 Hour Notice to Show. IMPORTANT: This property is being offered only in conjunction with the adjoining single-family brick ranch, MLS #12711214, listed separately for $279,900. Both properties must be purchased together. The list price of $325,000 is for the four-unit apartment building only and does not include the single-family residence.
Location
State IL
County Rock Island
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
Garage Spaces 1.0
View Y/N true
Roof Type Asphalt
Building
Lot Description Wooded, Backs to Trees/Woods, Level, Sloped
Foundation Block
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
High Schools Rock Island High School
School District 41, 41, 41
Others
Special Listing Condition None
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Joanna Lewkowicz
Designated Managing Broker | Owner | 471.018027 471018027
+1(708) 963-0011 | joanna@boutiquehomerealty.com