1600 9th St - Apartments FOR SALE


Rock Island, IL 61201
$64,900 USD
754-251-0201
1600 9th St, Rock Island, IL for Sale
$64,900 USD
Apartments - FOR SALE
1/19
null | 15.08% Cap Rate

1600 9th St
Rock Island, IL 61201


HIGHLIGHTS

  • Awesome Investment!
  • Separate Electric and Gas meters!!
  • Will easily rent for $700+ each!!!
  • Tons of rental demand in the area!!
  • Sold at a discount!!!

OVERVIEW

This inviting duplex is a fantastic opportunity for investors looking to add value and boost rental income. Each unit, a 1-bed, 1-bath, has the potential to rent at $650-$750/month with light touch-ups. The property’s solid structure and charming layout make it an attractive option for tenants. Located in a stable area and featuring spacious units, this property promises reliable cash flow and strong ROI. Minimal upgrades will unlock its full rental potential—don’t miss this income-generating gem!

FOR SALE DETAILS

PRICE

$64,900 USD

PRICE/SF

$46 USD /SF

# OF UNITS

2

PRICE/UNIT

$32,450

CAP RATE

15.08%

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing, Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1909

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

RI

APN/PARCEL ID

09-4181500-7497

ASK ABOUT THIS PROPERTY

Chris MurrayLOYD RealtyMore Info
754-251-0201

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Chris MurrayLOYD RealtyMore Info
754-251-0201

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.