818-20 S 8th ST new

Quincy,IL 62301

$ 175000

4 Beds

4 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12386915

Bedrooms 4

Full Baths 4

Annual Tax Amount $1,422

Tax Year 2024

Lot Size 6,534 Sqft

Property Sub-Type Two to Four Units

Property Description

Excellent investment opportunity with this updated 4-unit property on S. 8th Street. * Potential Gross monthly rent of $21050 ($25,800 / year) * 4 units, each with 1 bedroom and 1 bath * 3 units recently updated with modern plank flooring and fresh paint * 1 unit occupied by a long-term tenant * Garage (currently unrented) and off-street parking * Recent exterior improvements: tuckpointing and new paint * Separate electric & gas meters 818 - $450/mo including utilities 818.5 - $600/mo tenant paid gas & electric through May 26 820 - $600/mo tenant paid gas & electric through May 26 820.5 - $500/mo tenant paid gas & electric Pro-forma rent $600/mo. Great building for new or experienced investors. 'other' roof is Rolled 2 furnaces, 4 water heaters, both gas Seller is licensed REALTOR in state of California, Separate Electric Meters, Separate Gas Meters, HiSpd Intrnt Fiber Avail

Location

State IL

County Adams

Area Quincy

Zoning COMMR

Interior

Heating Forced Air

Equipment Water Heater-Gas

Exterior

Garage Spaces 1.0

Building

Dwelling Type Two to Four Units

Water Public

Structure Type Brick,Stone

New Construction false

Schools

Elementary Schools Lincoln-Douglas

High Schools Quincy

View More
Favorite Go Tour