$109,900
PENDING $10K PRICE DROP

Estimated payment $771/month

Total Views 12,615
-- Bed
-- Bath
3,397 Sq Ft
$32 Price per Sq Ft

Highlights

  • 0.24 Acre Lot
  • Forced Air Heating System
  • Level Lot

About This Home

Here is your opportunity to be a Landlord with a 6-plex in Rock Island. Conveniently located close to shopping, dining, schools, Augustana College and I74. Four of the six units are currently occupied. This can be a immediate income producing investment property! Sale includes large lot right next to property 110 x 46 (2712 5th Ave). Per Seller: Siding new in 2020, Water heater 2020, 2 furnaces new 2023.

Listing Agent

Kerry Panozzo

HomeSmart Residential and Commercial Realty Brokerage Phone: 309-721-3288 License #B60920000 / 471021428 Listed on: 04/21/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,264

Year Built

  • Built in 1910

Lot Details

  • 10,454 Sq Ft Lot
  • Level Lot

Home Design

  • 3,397 Sq Ft Home
  • Block Foundation
  • Shingle Roof

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • Parking Pad

Schools

  • Rock Island High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Ben Harper Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0736314003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,264

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1910
  • New Construction: No
  • Structure Type: Two or More Story, Apartment Building
  • PricePerSqFt: 32.35
  • Attribution Contact: Cell: 309-721-3288
  • Special Features: None

Interior Features

  • Basement: Full, Unfinished, Walk Out

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Alley, Gravel
  • Construction Type: Composition
  • Foundation Details: Block
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Parking Pad
  • Total Parking Spaces: 4

Utilities

  • Heating: Forced Air, Gas, Gas Water Heater
  • Electric Expense: 500
  • Water Sewer Expenses: 2700
  • Laundry Features: None
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfWaterHeaters: 1
  • NumberOfHeatingUnits: 6
  • NumberOfCentralAirUnits: 0
  • NumberOfGasMeters: 7
  • NumberOfElectricMeters: 6
  • NumberofWaterMeters: 1
  • NumberOfRanges: 6
  • NumberofRefrigerators: 6

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdvertisingExpense: 0

Schools

  • High School: Rock Island

Lot Info

  • Lot Size Acres: 0.24
  • Lot Size: 110 x 47 and 110 x 46
  • Parcel #: 0736314003

Rental Info

  • Tenant Pays: Gas & Electric, Water
  • Lease Term: Month To Month

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2264.26
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 24000
  • Annual Operating Expense: 5900

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,665 $23,535 $2,058 $21,477
2023 $2,665 $22,457 $1,964 $20,493
2022 $2,366 $20,555 $1,844 $18,711
2021 $2,112 $19,727 $1,770 $17,957
2020 $2,085 $19,246 $1,727 $17,519
2019 $2,101 $19,246 $1,727 $17,519
2018 $2,101 $19,788 $1,727 $18,061
2017 $2,035 $19,495 $1,701 $17,794
2016 $1,962 $19,113 $1,668 $17,445
2015 $1,882 $18,117 $1,581 $16,536
2014 -- $18,217 $1,590 $16,627
2013 -- $18,217 $1,590 $16,627
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2023 06/09/23 Pending -- -- --
05/02/2023 05/02/23 Price Changed $109,900 -8.3% $32 / Sq Ft
04/21/2023 04/21/23 For Sale $119,900 -- $35 / Sq Ft
Source: RMLS Alliance

Purchase History

Date Type Sale Price Title Company
Warranty Deed $105,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $84,000 New Conventional
Source: Public Records

Source: RMLS Alliance

MLS Number: QC4242142

RMLS Alliance

APN: 07-36-314-003