Excellent investment opportunity with this updated 4-unit property on S. 8th Street. This multi-family building offers a unique chance for an owner-occupant to live in one unit while generating rental income from the others, making it an ideal entry into real estate investing. Key features: * Potential Gross monthly rent of $2,050 ($24,600 / 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 * 2 x month to month leases Perfect for first-time investors: * One vacant unit available for immediate owner occupancy * Option to lease vacancy to a non profit for $600 / month on 12 month lease * Collect rent from other tenants to offset mortgage costs * Gain valuable landlord experience while building equity * Excellent starting point for a rental property portfolio Additional benefits: * Down Payment Assistance available for eligible buyers * Potential for increased rental income by leasing the garage and signing new leases for at-will tenants. Great building for new or experienced investors. 'other' roof is Rolled 2 furnaces, 4 water heaters, both gas, Stove included, Refrigerator included
Attention investors! This well-maintained duplex at 622-624 Madison offers a fantastic opportunity. Each unit features 3 bedrooms, 1.5 bathrooms, and convenient laundry hookups. 622 is leased at $910 a month & Unit 624 is leased ($340 every 2 weeks). The property boasts off-street parking with two spots per unit accessible via the alley. Recent updates include a roof installed around 2021, ensuring peace of mind for years to come. All utilities are separate, including water, adding convenience for tenants. Pride of ownership is evident throughout this property, reflecting the care and attention the owner has given to this investment. Don't miss your chance to add this income-generating duplex to your portfolio! Some pics were provided by owner from the last time a unit was vacant.
When you say "Duplex" THIS is what you're talking about. True mirror L-R duplex boasts lots of recent updating and a great income with possible room to grow. Offering 2 bedrooms, 1.5 baths in each side, nice improvements, lots of character & style, this is a superb investment or owner-occupied home. Recent updates include fresh paint and flooring, central AC both units (one newer), replacement water lines, bathroom and electrical fixtures. Solid roof and gutters keep the weather away and professional landscaping keeps the curb appeal strong. Overall great property for experienced investors, starting landlords or owner-occupants who want to benefit from additional rental income. Gross annual income $24,000, Stove included, Refrigerator included
Some TLC could make this a Great Investment Opportunity. Selling "AS IS" All Measurements are approximate
Some TLC will make this a Great Investment Opportunity. Selling "AS IS" All measurements are approximate
Some TLC will be this a Great Home or Rental. Selling "AS IS All Measurements are approximate
3 units on 1 lot - Front house has Lower & Upper units and back house is a unit. Selling "AS IS" All measurements are approximate.
Don’t judge a book by its cover – step inside this historic 4-unit building and uncover the charm and potential it offers! With over 17,000 vehicles passing daily, this property is perfectly positioned for both residential and commercial use. Zoned D2, it could serve as a business location while generating rental income from the additional units. Units A, B, and D are 1-bedroom apartments, while Unit C can function as a spacious 2-bedroom. High ceilings and large windows fill the interiors with natural light, showcasing the hardwood floors and unpainted original trim that preserve its timeless character. The fireplaces, though unused in years, add a touch of elegance to each unit. Bring your vision to this unique property and unlock its income potential. Whether you restore it as an investment property or create a mixed-use space, the possibilities are endless. The dollhouse view image highlights the incredible opportunities awaiting within. Don’t miss the chance to transform this diamond in the rough into something truly special!
Welcome to this delightful multifamily residence, currently occupied and offering a wonderful investment opportunity! This property features three well-appointed units, perfect for both tenants and homeowners looking to enjoy rental income. The spacious main level unit boasts 2 bedrooms and a full bathroom, providing comfortable living space for families or professionals. This unit features a cozy living area, a functional kitchen, and easy access to the basement, where you'll find a convenient washer and dryer for added convenience. On the upper floors, you'll find two units, each featuring 1 bedroom and a full bathroom. These units are perfect for individuals or couples. Located on the NW part of town, this multifamily home is close to local amenities, parks, and public transportation. Whether you're looking to invest or seeking a place to call home while benefiting from rental income, this property is a must-see! Don't miss out on the chance to own this versatile multifamily home!
Unique investment opportunity with multiple properties included in one package! This purchase includes an empty lot at 523 College, along with a 2-unit duplex at 525-527 College, and an additional rehab-ready home at 519 College. The duplex currently has long-term tenants, generating steady income of $800/month, with each unit featuring a spacious, mirrored layout to centralize plumbing. Heating is provided by wall-mounted gas heaters with baseboard heaters as a backup. The property also benefits from an updated roof (year unknown) and a welcoming covered front porch. The home at 519 College is prepped for a full rehab, offering the ideal blank slate for investors looking to bring this property back to life. Included building materials, like era-appropriate kitchen cabinets, will convey with the sale. This all-inclusive package provides endless possibilities, from rental income to development potential on the additional lot. An incredible opportunity to add value and increase revenue in a well-situated location! 23-5-0715-000-00, 23-5-0717-000-00. Prop taxes are for all 3 combined. Lot size is for all 3 parcels.
Income-generating duplex with an additional lot included! This 2-unit property at 525-527 College has long-term tenants in place, with Unit 525 occupied for 4+ years and Unit 527 for over 12 years. Each spacious unit offers a well-maintained layout, with mirror-flipped designs to centralize plumbing along the shared wall. Heating is provided by wall-mounted gas heaters, with baseboard heaters as a backup. While most updates are cosmetic in nature, the property benefits from an updated roof (year unknown) and a welcoming covered front porch for outdoor enjoyment. The additional lot at 523 College offers exciting potential for future development or added value. An excellent investment with steady rental income of $800/month, appealing to both seasoned and new investors! 523 College is an empty lot 23-5-0716-000-00, taxes are approx $60 year. (This offering can be purchased in a package deal to include 519 College - a neighboring lot)
This multifamily property features 16 units, consisting of four triplexes and two duplexes, all offering spacious 3-bedroom, 2-full bathroom layouts. With a well-maintained concrete parking lot providing 32 spaces, tenants enjoy ample parking. Each unit is currently rented, structured on an 11-month lease, with a down month typically scheduled in June. This flexible rental agreement offers stability for both investors and tenants alike. Please reach out to Max Dancer, Happel, Inc REALTORS® for additional questions or to schedule a showing.
Check out this cash flowing two-unit property bringing in $1,750 per month. The main floor is a large updated 1,000 sq ft 1 bed 1 bath apartment with a living room and a dining room currently bringing in $850/mo. The upstairs is a 2 bed 1 bath 880 sq ft apartment with a large living room bringing in $900/mo. This is the perfect addition to your portfolio or live in one unit while the other unit pays most of the mortgage! Call me to check it out today!
Investment Opportunity...... Upper Unit 2 Bedroom.... Lower Unit 2 Bedroom Selling AS IS
Investment Opportunity...... 3 total units 2 1bedroom apartments and 1 2bedroom apartment. Selling as is
4 Unit - Handy man special! Put the sweat equity in and get this property cash flowing. Large, open apartments with their own entrances. Property is set back on the hill with a nice off street parking area., Stove included, Refrigerator included
Structure has MAJOR fire damage. Property would be a great lot to build on.
Quincy is located in Illinois. Quincy, Illinois has a population of 39,687. Quincy is less family-centric than the surrounding county with 25.79% of the households containing married families with children. The county average for households married with children is 27.52%.
The median household income in Quincy, Illinois is $50,857. The median household income for the surrounding county is $58,587 compared to the national median of $69,021. The median age of people living in Quincy is 40 years.
The average high temperature in July is 86.2 degrees, with an average low temperature in January of 18.4 degrees. The average rainfall is approximately 37.4 inches per year, with 17.7 inches of snow per year.