525-527 COLLEGE Avenue

Active
  • $39,500
    • Sq Ft: 1,109
    • Lot Sq Ft: 0.09 acres

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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Price: $39,500
Address:525-527 COLLEGE Avenue
City:Quincy
State:Illinois
Subdivision:None
MLS:CA1032812
Square Feet:1,109
Acres:0.09
Lot Square Feet:0.09 acres
taxYear:2023
leaseTerm:Month To Month
agentOwned:no
directions:College between 5th & 6th St. On North side of street
highSchool:Quincy School District #172
lvtDateMLS:2024-10-31
tenantPays:All Utilities
grossIncome:9600
repossessed:no
saleRentMLS:For Sale
100YearPlain:No
parcelNumber:23-5-0717-000-00
pricePerSqFt:35.62
structureType:Duplex
documentsCount:1
searchPriceMLS:39500
listOfficePhone:217-224-8383
managerOnSiteYN:no
roadSurfaceType:Curbs & Gutters
taxAnnualAmount:554
currentFinancing:Cash Only, Conventional
elementarySchool:Rooney
listingAgreement:Exclusive Right To Sell
taxExemptionsMLS:None
firstPhotoAddDate:2024-10-31T14:09:01
lotSizeDimensions:40x100
numberOfGasMeters:2
disclosedShortSale:N
documentsAvailable:None Available
netOperatingIncome:9046
agentRelatedToOwner:no
confidentialListing:MLS Listing
numberofWaterMeters:2
taxLegalDescription:LOT 1 BLK 20 KEYES SURVEY W 40FT OF S 99FT OF E 141FT LOT 1
allowedUseCaseGroups:IDX
grossScheduledIncome:9600
numberOfHeatingUnits:2
numberOfWaterHeaters:2
solicitingFromBuyers:no
addressSearchNumberMLS:525
numberOfElectricMeters:2
listingVisibilityTypeMLS:MLS Listing
operatingRecordingDevice:None
internetConsumerCommentYN:yes
agentIsDesignatedManagingBroker:no
internetAutomatedValuationDisplayYN:no
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© Copyright 2024 RMLS Alliance. All rights reserved. This information is provided for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties in which they may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance. Real estate listings held by brokerage firms other than Happel Inc., Realtors are marked with the RMLS logo and detailed information about them includes the name of the listing brokers.
The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. The offer is made only to Participants of the MLS where the listing is filed.

The RMLS data on this page was last updated on Tuesday, December 24th, 2024.

Listed by: Happel, Inc., REALTORS Office: 217-224-8383

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