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4307 8TH Avenue

Rock Island, IL 61201
  • $119,500
  • STATUS: Active
  • ON SITE: 165 Days
  • ID#: QC4252875
UPDATED: 233 min ago
$119,500
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1909
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Investment Opportunity in Rock Island. This professionally managed, upper/lower duplex has a gross rent potential of $1820/month. Upper unit is occupied with tenant lease on file. Lower unit is vacant and listed for rent at $825/mo. Security Deposit held by manager. Tenants' rights - 48hr notice required for all showings of the occupied unit. Annual expenses are estimated. Gross annual rent is calculated based on current tenant lease + current marketed rent for the lower unit. Some unit photos were taken prior to tenant occupancy. Buyer/Buyer's agent to verify square footage and all property details.

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© 2024 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Bryson Smith Team | Keller Williams Premier Realty. Data last updated: 2024-11-02T23:45:04.67.
www.brysonsmithteam.com/homes/150786234
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4307 8TH Avenue Rock Island, IL 61201

  • Price: $119,500
  • Status: Active
  • On Site: 165 Days
  • Updated: 233 min ago
  • ID#: QC4252875
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1909
Built
Neighborhood:
Edgewood Park
County:
Rock Island
Area:
Qcara Area
Elementary School:
Longfellow
Middle School:
Washington
High School:
Rock Island
Property Description
Investment Opportunity in Rock Island. This professionally managed, upper/lower duplex has a gross rent potential of $1820/month. Upper unit is occupied with tenant lease on file. Lower unit is vacant and listed for rent at $825/mo. Security Deposit held by manager. Tenants' rights - 48hr notice required for all showings of the occupied unit. Annual expenses are estimated. Gross annual rent is calculated based on current tenant lease + current marketed rent for the lower unit. Some unit photos were taken prior to tenant occupancy. Buyer/Buyer's agent to verify square footage and all property details.
Exterior Features

Construction Materials Abestos Parking Features Alley AccessDetachedOn StreetParking Pad Parking Total 4 Road Surface Type AlleyCurbs & Gutters Roof Shingle

Interior Features

Basement FullUnfinished Building Area Total 2394 Heating Hot WaterRadiantNo CoolingGas Water Heater Number Of Central Air Units 0 Number Of Dishwashers 0 Number Of Dryers 0 Number Of Electric Meters 1 Number Of Gas Meters 1 Number Of Heating Units 1 Number Of Ranges 2 Number Of Washers 0 Number Of Water Heaters 1 Numberof Refrigerators 2

Property Features

100 Year Plain No Agent Owned No Disclosed Short Sale N Financing Cash OnlyConventional Gross Income 21480 Gross Scheduled Income 21480 Insurance Expense 940 Lease Term One Year or Less Lot Features Level Lot Size Dimensions 52x142 Manager On Site YN No New Construction YN No Number Of Water Meters 1 Number Of Window Units 0 Operating Expense 7165 Repossessed No Structure Type Duplex Tax Annual Amount 3155.68 Tax Legal Description Lot 8 Block B Edgewood Park Add Tax Year 2023 Tenant Pays No Utilities Trash Expense 0 Type Residential Income Water Source Public SewerPublic

Listing provided courtesy of Erika Thomas of Milltown Realty, LLC: .
© 2024 RMLS Alliance, LLC. All Rights Reserved.


© 2024 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Bryson Smith Team | Keller Williams Premier Realty. Data last updated: 2024-11-02T23:45:04.67.
 
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