Sold

1200 20th Street, Rock Island, IL 61201

Beds
7
Baths
5

View property features, location on map, relevant school information and overview from seller's agent.

Listed byRE/MAX Concepts Bettendorf
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Overview

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.

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
7
Number of bathrooms
5
Lot size (acres)
0.13
Year built
1899

Interior features

Basement
Yes, Finished

Utilities

Heating
Natural gas, Baseboard
Cooling
Ceiling fan(s)
Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount (2024)
$4,126.76

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Midwest Real Estate Data (MRED) MLS®#: 12585643 Last checked:

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.