4-unit multi-family property in Rock Island offering a solid investment opportunity with strong income potential. This 2-story building includes four separate units: Unit 1 on the main floor features 3 bedrooms and 2 bathrooms; Unit 2 in the basement offers 2 bedrooms and 1 bathroom; and Units 3 and 4 on the second level each provide 1 bedroom and 1 bathroom. Three of the four units are currently tenant-occupied, generating just under $2,000 per month in rental income, while the main-floor unit is currently vacant. Tenants pay all utilities. Current rental terms allow a maximum of one cat with an additional deposit and monthly pet fee; dogs are not permitted. Flexible setup allows the new owner to either occupy the main-floor unit or place a tenant for additional income. A great opportunity to expand an investment portfolio or secure a property with existing cash flow. Sellers will put on a new roof prior to closing. Schedule a showing today. 48hr showing notice.
Baird & Warner
Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.
Listing Office: RE/MAX Concepts Bettendorf
Listing Office Phone: 563-332-9900
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1200 20th Street , Rock Island, IL 61201.
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1200 20th Street , Rock Island, IL 61201.
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