BEDS0
BATHS
SQUARE FEET3,536
MLS#12783000
STATUSNew
PROPERTY TYPEMulti Unit - Multiple
Property Description
EXCEPTIONAL 18-UNIT INVESTMENT OPPORTUNITY IN ROCK ISLAND! An outstanding opportunity to acquire a portfolio of THREE solid brick 6-plex buildings, offering a total of 18 rental units! This investment package features an attractive unit mix of (9) two-bedroom apartments, (6) one-bedroom apartments, and (3) efficiency units, providing diverse rental options and multiple income streams. MAJOR CAPITAL IMPROVEMENT! All three buildings underwent COMPLETE ROOF TEAR-OFFS AND REPLACEMENTS IN SEPTEMBER 2024, providing investors with the added benefit of recently installed roofs! Each building features a four-car detached garage, additional off-street parking, and on-site laundry facilities, offering additional amenities and income potential. Conveniently located near schools, hospitals, shopping, parks, and public transportation, these properties offer accessibility for tenants. With durable brick exteriors, an established rental configuration, and significant recent capital improvements, this portfolio presents an exceptional opportunity for investors looking to expand their holdings or establish a substantial multifamily investment presence in the Quad Cities. 18 UNITS. THREE BUILDINGS. ONE INCREDIBLE INVESTMENT OPPORTUNITY! Portfolio includes 2505, 2513, and 2514 15th Street, Rock Island. Properties sold together as a package.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Window Unit(s)
Lot Size: 0.25 Acres
Stories: 2.0
Taxes: $28,500
Year Built: 1952
Feature Descriptions
Lot Dimensions: 90X121X90X122
Parcel#: 1611202005
Tenant Pays: Air Conditioning, Electricity, Heat, Sewer, All Utilities
Units: 18
Listed By / Shown By
Listed By
Agency Name: KW 1Advantage
Agency Phone: 563-345-6520
Shown By
Agent Name: Tyler Ragan
Agent Phone: (815) 988-6624
Agency Title: Dickerson & Nieman Realtors
Estimate Your Payment
Estimated Payment
$ 5,395.68 per month $2,670.68 Principal & Interest $2,375.00 Property Tax $350.00 Homeowner's InsuranceChange Payment Information
Tyler Ragan
Cell: (815) 988-6624
Email Me
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2505 15th Street | MLS# 12783000
This multi-family property located at 2505 15th Street , Rock Island, IL 61201 is currently listed for sale with an asking price of $1,200,000. Search Rock Island real estate on tylerragan.dickersonnieman.com today.