2848 7th Ave #1-4, Rock Island, IL, 61201

Charming Quadplex in Rock Island – Perfect for Investors!

Located just a short walk from the prestigious Augustana College, this beautifully remodeled quadplex offers a unique opportunity for steady rental income and long-term investment growth. With four individual, fully separate apartments, each operating on its own utilities, this property is ideal for those looking to maximize their earnings while providing tenants with the privacy and convenience they desire. All units feature individual appliances, Furnace, and central air.
Key Features:

Highly Desirable Location: Walking distance from Augustana College, this property is a prime choice for students looking for off-campus housing. Its proximity to the college means you can easily tap into a consistent rental market with students and faculty.
Recent Upgrades: The property has been thoughtfully renovated, including fresh interior remodels in all units, ensuring modern living spaces that are move-in ready and highly appealing to potential tenants.
Brand-New Red Cedar Deck: Built just two years ago, this stunning red cedar deck offers a relaxing outdoor space, perfect for tenants to enjoy the beautiful seasons of Rock Island. The addition of this deck adds substantial value and curb appeal to the property.
Separate Utilities: Each unit operates on its own utilities, ensuring that expenses are manageable and keeping costs separate for both the owner and tenants.
Rental Income Potential: With four separate units, this quadplex presents an excellent opportunity for steady cash flow. Whether you're looking to rent to Augustana students or other long-term tenants, the location and condition of this property make it a rental gem (current rent roles available upon request).
At $296,000, this property offers incredible potential for both seasoned investors and those new to real estate. With a prime location, recent upgrades, and the high rental demand, this is an opportunity you won't want to miss. Schedule a tour today to see the value for yourself – this one won’t last long!

Don’t miss out on the opportunity to own this turnkey income property in the heart of Rock Island!