Sold

4731 18 AVE CT Ave, Moline, IL 61265

Beds
5
Baths
4
Garage
Yes

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

Listed byNAI Ruhl Commercial Company
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Overview

A rare opportunity for investors seeking stability, consistent returns, and upside potential. This fully occupied side-by-side duplex is located in a quality neighborhood on a quiet dead end street and comes with long-term tenants of 15 and 20 years providing proven long-term rental history. Unit 4731 features 2 bedrooms, 2 bathrooms, and a deck off the kitchen. Unit 4733 features 3 bedrooms, 2 bathrooms, and a walk-out basement with direct access to the backyard. Both units include attached garages, finished and waterproofed basements with dedicated in-unit laundry rooms. They have been thoughtfully updated throughout, including tile bathrooms. A roof replacement was completed six years ago. Tenants are responsible for snow removal, lawn care, garden maintenance, and all utilities keeping owner obligations and operating costs to a minimum. Totaling approximately 2,200 square feet, current rents offer room to grow toward market rate, presenting an attractive opportunity to increase cash flow while maintaining the current low expense structure. A stable, turnkey investment with both immediate income and long-term upside.

Location

Full feature list

Basic info

Property type
Other residential
Number of bedrooms
5
Number of bathrooms
4
Lot size (acres)
0.18
Year built
1966

Interior features

Laundry
In Unit

Exterior features

Water view
Yes
Horse amenities
Stable

Garage and parking

Garage parking spaces
1

Utilities

Heating
Natural Gas
Sewer
Public Sewer
Water
Public Water

Estimated monthly costs

Insurance
$133

Taxes

Tax Annual Amount (2024)
$5,839

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®#: 12626118 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.