1200 20th Street , Rock Island, IL 61201

$150,000
  • 1200 20th Street , Rock Island, IL 61201 Main Photo

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New to the Market New
BEDS7 BATHS5 full MLS#12585643
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 41

Property Description

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.

1200 20th Street | MLS# 12585643

This multi-family property located at 1200 20th Street , Rock Island, IL 61201 is currently listed for sale with an asking price of $150,000. 20th Street is located within the District 41 school district. Search Rock Island real estate on rpremo.gogambino.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Finished, Egress Window, Sleeping Area, Partial
Basement: Yes
Heating: Natural Gas, Baseboard
Lot Size: 0.13 Acres
Roof Type: Asphalt
Taxes: $4,126
Year Built: 1899

Feature Descriptions

Additional Structures: None
Days on Site: 3
Exterior: Vinyl Siding
Lot: Common Grounds, Corner Lot, Level
Lot Dimensions: 48x122x48x119
Other Equipment: Ceiling Fan(s)
Parcel#: 1602209008
Parking: Unassigned, Off Alley, Off Street, Alley Access, Garage Faces Side, Yes
Sewer: Public Sewer
Total Rooms: 19
Township: Rock Island
Water: Public

Local Schools

School District: District 41

Listed By / Shown By

Listed By

Agency Name: RE/MAX Concepts Bettendorf
Agency Phone: 563-332-9900

Shown By

Agent Name: Ruth Premo
Agent Phone: (815) 978-5613
Agency Title: Gambino Realtors

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Estimated Payment

$ 1,068.93 per month $681.35 Principal & Interest $343.83 Property Tax $43.75 Homeowner's Insurance

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