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835 21ST Street

Rock Island, IL 61201
  • $250,000
  • STATUS: Active
  • ON SITE: 149 Days
  • ID#: QC4251700
UPDATED: 68 min ago
$250,000
  • 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

This 9 unit building has been in the family for 90 years! Talk about generational wealth building! 8 efficiency units all complete with stove, refrigerator, window a/c units and full bathroom. Main level units have patio and private entry. The top floor "Penthouse" is a 3 bedroom apartment that rents at $700 and is complete with stove, microwave, refrigerator, central air and forced air heat and full bath. 2 car garage is currently rented out at $125 per month. All 9 units currently rented with owner paying all utilities (gas, electricity and water). 8 efficiency units rents vary between $460 - $500. Coin operated laundry is owned by the owner and provides additional income. Per the seller the Roof was replaced in 2012. Squarefootage per recent appraisal. No showings without a LOI or Written Offer to Purchase with proof of funds/ bank pre-approval letter.

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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: 2024-09-14T14:45:20.18.
www.brysonsmithteam.com/homes/149196258
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835 21ST Street Rock Island, IL 61201

  • Price: $250,000
  • Status: Active
  • On Site: 149 Days
  • Updated: 68 min ago
  • ID#: QC4251700
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1909
Built
Neighborhood:
John W Spencer
County:
Rock Island
Area:
Qcara Area
Elementary School:
Rock Island Academy
Middle School:
Washington
High School:
Rock Island
Property Description
This 9 unit building has been in the family for 90 years! Talk about generational wealth building! 8 efficiency units all complete with stove, refrigerator, window a/c units and full bathroom. Main level units have patio and private entry. The top floor "Penthouse" is a 3 bedroom apartment that rents at $700 and is complete with stove, microwave, refrigerator, central air and forced air heat and full bath. 2 car garage is currently rented out at $125 per month. All 9 units currently rented with owner paying all utilities (gas, electricity and water). 8 efficiency units rents vary between $460 - $500. Coin operated laundry is owned by the owner and provides additional income. Per the seller the Roof was replaced in 2012. Squarefootage per recent appraisal. No showings without a LOI or Written Offer to Purchase with proof of funds/ bank pre-approval letter.
Exterior Features

Construction Materials Aluminum Siding Parking Features DetachedOn StreetParking Pad Parking Total 3 Road Surface Type Curbs & Gutters Roof Shingle

Interior Features

Basement Full Building Area Total 4873 Heating Heating Systems - 2+GasCentral AirGas Water HeaterWindow Unit(s) Interior Features Cable Available Laundry Features Owned Equipment Number Of Central Air Units 1 Number Of Dishwashers 1 Number Of Dryers 2 Number Of Electric Meters 1 Number Of Gas Meters 1 Number Of Heating Units 3 Number Of Ranges 9 Number Of Washers 2 Number Of Water Heaters 2 Numberof Refrigerators 9

Property Features

100 Year Plain No Agent Owned No Disclosed Short Sale N Financing Cash OnlyConventional Gross Income 56940 Gross Scheduled Income 55440 Insurance Expense 3110 Lease Term Variable Lot Features Level Lot Size Dimensions 64X143X55X143 Manager On Site YN No Net Operating Income 36717 New Construction YN No Number Of Water Meters 1 Number Of Window Units 8 Operating Expense 15553 Repossessed No Structure Type Two or More StoryOther Tax Annual Amount 4669.56 Tax Legal Description O L 2 AC Darta Sub Div of Lots JW Spencers 3rd Add N 10Ft L 10 S 40 Ft L 9 Tax Year 2022 Tenant Pays No Utilities Trash Expense 660 Type Residential Income Water Source Public SewerPublic

Listing provided courtesy of Scott Egger of Ruhl&Ruhl REALTORS Moline: Customer: 563-441-1776.
© 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: 2024-09-14T14:45:20.18.
 
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