$949,000
SoldThis listing was sold on Sep 8, 2017 for the price shown here.
44,352 Sq Ft 1971 Year Built
Multi-Family Home
MLS # 17009718
Acres 1.2
School District Riverview Gardens
Subdivision Thomas Gardner Estate

38 unit complex in 2 buildings. All 2 bedroom 1.5 bath. All have individual in-unit furnaces, central AC and hot water heaters. Tenants pay gas and electric. Several vacancies in the process of being made rent ready. Photos show 1 unit rent ready and the display unit that is staged. Currently 1 additional unit is being used for the leasing office. Church has owned the property since 1991 and has kept the rents at $525 for many years. Long term tenants and a waiting list for units. Plenty of parking, storage units and common laundry in basement. New roofs 2013, new siding 2012/13, newer sliding glass doors to balconies, walk in closets. This complex offers a unique opportunity for a new owner to improve the income through value added improvements and hands on management.

Features
Elementary school: Moline Elem.
Middle school: Westview Middle
High school: Riverview Gardens Sr. High
Central air
Forced air heat
Natural gas heat
Brick veneer exterior
Lot dimension is: 38 x 181
Subdivision: Thomas Gardner Estate
Public sewer
Public water
Community laundry

Lucas & Hunt to Nemnich

IDXCourtesy of: RE/MAX Results Patrice TenBroek

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