1818 7th Avenue
Multifamily | 6.61% CAP | 2 Move-In Ready Units | Potential Value-Add 3rd Unit
Marketing description
Rare find in the Quad Cities, this property can flex to accommodate a variety of investment or owner-occupied options. Owner-occupied, with an opportunity to rent the second unit, a move-in-ready duplex, and the potential to expand living space or develop a third separate living space. The property has been completely refurbished, including a new 50-year metal roof, kitchen updates with appliances, new vinyl flooring throughout, updated light fixtures, new furnace, interior paint, exterior paint, and new vinyl windows. Each unit has separate exterior entrances with ample driveaway and on-street parking. Currently vacant to accommodate showings. Profit and loss pro forma available for more information on historic costs and expected rents, considering all recent renovations and updates. Basement has potential for 3rd unit to include 2 bed and 1-2 baths.
Investment highlights
- Single Family Multi-Generational Living
- Duplex - Dual Income Stream
- Owner Occupied - Income Generating
- Potential Third Unit
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