2428 5th Avenue

Moline, IL 61265

$99,900
Price
Beds
1,277 Sq. Ft.
$78 / Sq. Ft.
1,277
Sq. Ft.
$78
per Sq. Ft.

Description

Investment Opportunity: Fully Rented 3-Plex Near Amenities This fully rented 3-plex is an ideal investment property, boasting a strong rental history and consistent income. Located in a prime area close to local amenities, this property offers both convenience and value. Each unit is well-maintained, and all appliances are included, providing a turnkey experience for tenants. The property features a 2-car garage, perfect for owner storage, and has been updated with a boiler and hot water heater,...Investment Opportunity: Fully Rented 3-Plex Near Amenities This fully rented 3-plex is an ideal investment property, boasting a strong rental history and consistent income. Located in a prime area close to local amenities, this property offers both convenience and value. Each unit is well-maintained, and all appliances are included, providing a turnkey experience for tenants. The property features a 2-car garage, perfect for owner storage, and has been updated with a boiler and hot water heater, both less than 10 years old, ensuring low maintenance costs for years to come. Don’t miss out on this excellent investment opportunity!
  1. Listed by Brad Boeye • BUY SELL BUILD QC - Real Broker, LLC • bboeye@bradboeye.com
  2. Listed by Jason Reda • BUY SELL BUILD QC - Real Broker, LLC

Property Details for 2428 5th Avenue

Parking Total
2.0
Subdivision Name
Herbert R Edwards
LISTING UPDATED: 11/18/2024 02:01 PM

Property Details for 2428 5th Avenue

StatusActive
MLS #QC4255975
Days on Market74
Taxes$2,164 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Residential Income
Year Built1900
Lot Size0.12 AC / 5,227 SF
CountyRock Island County

Building Information for 2428 5th Avenue

Stories-Residences3Year Built1900Building Size-Lot Size0.12 AC / 5,227 SF

Property Information for 2428 5th Avenue

Summary
Location and General Information
  • City: Moline
  • County Or Parish: Rock Island
  • Directions: On 5th avenue between 24th Street and 25th street (South side of Avenue)
  • Latitude: 41.510054
  • Longitude: -90.50234
  • MLSArea Minor: QCARA Area
  • Postal Code: 61265
  • State Or Province: IL
Taxes and HOA Information
  • Parcel Number: 2901
  • Tax Annual Amount: $2,164
  • Tax Legal Description: Lot 2 & Lot 3, Block 1, Herbert R Edwards Addition
  • Tax Year: 2023
School Information
  • High School: Moline
Parking
  • Parking Features: Detached
Property
Lot Information
  • Structure Type: Conversion
  • Building Area Total: 1277.0
  • Lot Features: Level
  • Lot Size Acres: 0.12
  • Lot Size Dimensions: 38 x 150
  • Number Of Units Total: 3
  • 100 Year Plain: No
Property and Assessments
  • Documents Available: None Available
  • Foundation Details: Stone
  • New Construction: No
  • Year Built: 1900
  • Year Built Source: Public Records
Utilities
  • Number Of Electric Meters: 3
  • Number Of Gas Meters: 3
  • Numberof Water Meters: 1
  • Water Sewer Expense: $1,800
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
  • Construction Materials: Abestos
Interior Features
  • Basement: Full
  • Heating: Hot Water
  • Number Of Central Air Units: 0
  • Number Of Heating Units: 1
  • Number Of Water Heaters: 1
  • Operating Recording Device: None
Multi Family
Income & Expenses
  • Electric Expense: $0
  • Gross Income: $17,760
  • Gross Scheduled Income: $17,760
  • Insurance Expense: $2,163
  • Maintenance Expense: $0
  • Manager Expense: $0
  • Net Operating Income: $11,633
  • Operating Expense: $3,963
  • Advertising Expense: 0
  • Gas Expense: 0
  • Misc Annual Income: 0
  • Trash Expense: $0
Unit 1
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 0
  • Number Uncovered: 0
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
Unit 2
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 0
  • Number Uncovered: 0
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
Unit 3
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 0
  • Number Uncovered: 0
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3

Property History for 2428 5th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2428 5th Avenue

Taxable ValueLand$3,276Additions$20,744Total$24,020
Tax Record2023$2,164 ($180 / month)
Home Facts
Beds0Total Finished SqFt1,277 SqFtAbove Grade Finished SqFt1,277 SqFtStories2StyleSingle Family ResidenceYear Built1900ZoningMOLCountyROCK ISLANDAPN08-33-118-009

Schools near 2428 5th Avenue

This home is within Moline Usd 40.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 8 to 12
Rating
School
Distance
Logan Elementary School
PublicK to 5

Woodrow Wilson Middle School
Public6 to 8

Moline Sr High School
Public9 to 12

Moline High School At Coolidge Campus
Public8 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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2428 5th Avenue is a multi-family home for sale in Moline, IL 61265. This property was listed for sale on August 27, 2024 by BUY SELL BUILD QC - Real Broker, LLC, it's currently listed at $99,900. It has been on the market for a total of 74 days and was last sold on November 28, 2018. This listing's school district is Moline Usd 40. Nearby schools include Logan Elementary School, Woodrow Wilson Middle School and Moline Sr High School. 2428 5th Avenue is a 0-bed, 0-bath, 1,277 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BUY SELL BUILD QC - Real Broker, LLC

Based on information from one of the following Multiple Listing Services: RMLS Alliance. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by RMLS Alliance is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.