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Sold for $86,000 on 03/24/23
  • $86,000

    1216 16th St, Rock Island, IL 61201

    4beds
    3baths
    2,791sqft
    Multi Family
    Built in 1910
    -- sqft lot
    $117,100 Zestimate®
    $31/sqft
    $961 Estimated rent

    What's special

    Over 12% cap rate! Turnkey investment opportunity! This is an upper and lower conversion that is separately metered. Downstairs has a beautiful decorative fireplace, original woodwork, access to basement with laundry hookups. Both units are advertised as 2 bedrooms but really could be used as 3. In back is a large shed for tenants and a two car garage currently used by owner. there are two water meters but owner pays water. sewer and garbage and includes in rent. Need 24 hour to show. See attached investment analysis.

    Zillow last checked: 7 hours ago

    Listing updated: March 27, 2023 at 01:01pm

    Listed by:

    Mike Pezley mikepezley@remax.net,

    RE/MAX Concepts

    Bought with:

    Kathy Meyer

    Ruhl&Ruhl REALTORS Moline

    Source: RMLS Alliance,MLS#: QC4238532MLS LogoOriginating MLS: Quad City Area Realtor Association

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    Heating
    • Forced Air, Natural Gas
    Appliances
    • Included: Gas Water Heater, Range, Refrigerator, Water Heater
    Features
    • Basement: Full
    Interior area
    • Total structure area: 2,791
    • Total interior livable area: 2,791 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Detached, On Street, Parking Pad
    • Has uncovered spaces: Yes
    Lot
    • Size: 6,534 sqft
    • Dimensions: 54 x 121
    • Features: Level
    Details
    • Parcel number: 1602203010

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Stucco
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1910

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Rock Island
    • Subdivision: Black Hawk
    Services availability
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