Unique investment opportunity with multiple properties included in one package! This purchase includes an empty lot at 523 College, along with a 2-unit duplex at 525-527 College, and an additional rehab-ready home at 519 College. The duplex currently has long-term tenants, generating steady income of $800/month, with each unit featuring a spacious, mirrored layout to centralize plumbing. Heating is provided by wall-mounted gas heaters with baseboard heaters as a backup. The property also benefits from an updated roof (year unknown) and a welcoming covered front porch. The home at 519 College is prepped for a full rehab, offering the ideal blank slate for investors looking to bring this property back to life. Included building materials, like era-appropriate kitchen cabinets, will convey with the sale. This all-inclusive package provides endless possibilities, from rental income to development potential on the additional lot. An incredible opportunity to add value and increase revenue in a well-situated location! 23-5-0715-000-00, 23-5-0717-000-00. Prop taxes are for all 3 combined. Lot size is for all 3 parcels.
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)
This versatile duplex property, in rentable condition, offers the perfect opportunity for homeowners or investors looking to generate rental income. With two distinct units—each with separate utilities (except water)—the new owner can choose their tenants and customize the space to suit their needs. Both units offer spacious layouts with laundry hookups on each floor for convenience. Recent updates include a new roof on the main section in 2015 and ongoing electrical updates since 2009, ensuring modern functionality. Off-street parking and alley access add ease and privacy. A little TLC and cosmetic touches will elevate this property’s potential even further. Don’t miss this incredible investment or multi-family living opportunity! Note: Dollhouse view images feature AI-staged furniture to illustrate the layout and design potential.
This multifamily property features 16 units, consisting of four triplexes and two duplexes, all offering spacious 3-bedroom, 2-full bathroom layouts. With a well-maintained concrete parking lot providing 32 spaces, tenants enjoy ample parking. Each unit is currently rented, structured on an 11-month lease, with a down month typically scheduled in June. This flexible rental agreement offers stability for both investors and tenants alike. Please reach out to Max Dancer, Happel, Inc REALTORS® for additional questions or to schedule a showing.
2 unit apartment building with great potential. Upper unit occupied and downstairs is ready for a makeover! Alley access for off street parking. Separate utilities except water.
Check out this cash flowing two-unit property bringing in $1,750 per month. The main floor is a large updated 1,000 sq ft 1 bed 1 bath apartment with a living room and a dining room currently bringing in $850/mo. The upstairs is a 2 bed 1 bath 880 sq ft apartment with a large living room bringing in $900/mo. This is the perfect addition to your portfolio or live in one unit while the other unit pays most of the mortgage! Call me to check it out today!
Investment Opportunity...... Upper Unit 2 Bedroom.... Lower Unit 2 Bedroom Selling AS IS
Investment Opportunity...... 3 total units 2 1bedroom apartments and 1 2bedroom apartment. Selling as is
Investment Opportunity. 3-units total each 1 Bedroom.
Start making money day 1!!!! Both units are redone with newer kitchen and baths. New flooring, fresh paint inside and out. 2 spacious units. Large rooms throughout. Laundry facilities in each unit. Large eat in kitchen, some replacement windows. Roof complete tear off 2012. All new water lines from the street to the house and more. 2nd floor has a very nice deck 2-3 bedrooms. Main level is currently rented 2nd level has just been refinished and ready to be rented or live in one unit and rent out the other. Tenants pay all of their own utilities
4 Unit - Handy man special! Put the sweat equity in and get this property cash flowing. Large, open apartments with their own entrances.Property is set back on the hill with a nice off street parking area. Seller is selling as-is Priced to move!
Tap into your future cash cow without breaking the bank! With some sweat equity you can bring this 4 unit back to its full money making potential. Building brought in over 2k a month in the past. Located one block from a popular coffee spot and 3 blocks from local eateries and medical services. Seller is selling as-is with everything on the property conveying with the sale.
Structure has MAJOR fire damage. Property would be a great lot to build on.
Expand your investment portfolio or start your homeownership journey with this renovated and centrally located 2 unit. Updates in 2020 include: fresh paint, flooring, baseboards, water heaters, lower unit bathroom, new water lines to upper unit, installed 2 washer/dryer hookups in lower level for on-site laundry. Appliances in both units also new in 2020. 4 window air units to convey, approximately 2 years old. New roof and soffits to be installed by seller prior to closing. Tenants pay all utilities. Tenants share access to flat backyard. Unit upstairs has access to private deck.
Large duplex. Alley access with attached garage. Property being sold As-Is. Please use caution/enter at your risk on showings
The median home value in Quincy, IL is $167,500. This is higher than the county median home value of $145,600. The national median home value is $338,100. The average price of homes sold in Quincy, IL is $167,500. Approximately 57.28% of Quincy homes are owned, compared to 32.82% rented, while 9.9% are vacant. Quincy real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Quincy real estate agent to arrange a tour today!
Quincy, Illinois has a population of 39,687. Quincy is less family-centric than the surrounding county with 25.79% of the households containing married families with children. The county average for households married with children is 27.52%.
The median household income in Quincy, Illinois is $50,857. The median household income for the surrounding county is $58,587 compared to the national median of $69,021. The median age of people living in Quincy is 40 years.
The average high temperature in July is 86.2 degrees, with an average low temperature in January of 18.4 degrees. The average rainfall is approximately 37.4 inches per year, with 17.7 inches of snow per year.