$45,000
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525-527 College Avenue Quincy, IL 62301
Cluster
Residence
Beds
Baths
1,109
Sq. Ft.
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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)
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MLS#
CA1032812
Property Type
Cluster
Square Feet
1,109
sq. ft
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