21
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$1,200,000
Est. payment /mo
3,536 SqFt
New
2505 15th ST Rock Island, IL 61201
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Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 3,536 sqft
Price per Sqft $339
MLS Listing ID 12783000
Year Built 1952
Annual Tax Amount $28,500
Tax Year 2025
Lot Size 10,890 Sqft
Lot Dimensions 90X121X90X122
Property Sub-Type Multi Family 5+
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.
Location
State IL
County Rock Island
Area Rock Island
Zoning MULTI
Interior
Cooling Window Unit(s)
Fireplace N
Building
Dwelling Type Multi Family 5+
Sewer Public Sewer
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Listed by Brody Gober of KW 1Advantage
NEARBY SCHOOL & BUSINESS
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