20
See all 20 photos
$249,900
Est. payment /mo
6 Beds
3 Baths
9,583 Sqft Lot
New
1001 14th ST Silvis, IL 62182
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Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12716027
Bedrooms 6
Year Built 1977
Annual Tax Amount $4,472
Tax Year 2025
Lot Size 9,583 Sqft
Property Sub-Type Two to Four Units
Property Description
Turnkey investment opportunity! This well-maintained triplex has been proudly owned by the same family since 1977 and offers immediate cash flow with all three 2-bedroom, 1-bath units fully rented. Current rental income totals $2,600 per month, with rents of $800, $800, and $1,000. Tenants pay their own gas and electric, helping minimize owner expenses. One tenant has called the property home for 22 years, demonstrating the property's long-term rental appeal and stability. Two of the three units (1001 & 10011/2) have been thoughtfully updated with new windows, flooring, bathrooms, paint, and more, while the third unit offers the opportunity for future updates and additional value. Amenities include coin-operated laundry, private 3' x 5' basement storage areas for each tenant, and one off-street parking space per unit. Major improvements include a new roof and gutters (2020), new water heater (2023), new sump pump (2024), and new electric meters for each unit. Heat is provided by a boiler system with window A/C units. This solid, income-producing property combines decades of pride of ownership, numerous capital improvements, dependable long-term tenancy, and immediate cash flow-making it an outstanding addition to any investment portfolio. "all information is estimated and should be fully verified by buyers and buyers agents for full accuracy" Can be sold as a package with MLS 12716005
Location
State IL
County Rock Island
Area Silvis
Rooms
Basement Unfinished, Partial
Interior
Heating Steam
Fireplace N
Exterior
Roof Type Asphalt
Building
Lot Description Level
Dwelling Type Two to Four Units
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
School District 34 , 34, 30
Others
Special Listing Condition None
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Listed by Lisa Carstens of QC Reserve - Real Broker, LLC
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