242 46th Street, Moline, IL

$600,000

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1.87

Acres

About 242 46th Street

Incredible investment opportunity in Moline! This expansive multi-family property features a solid rental history with long-term tenants already in place, situated on a generous 1.81-acre parcel with ample land offering excellent future development potential. Offering a park-like setting with optimal off-street carport parking, this unique 25-unit apartment community features highly efficient studio layouts. Units include a private entrance, full kitchen setup, and a rental structure historically built around an all-utilities-included format for low vacancy rates. Perfectly positioned just off Avenue of the Cities, this property offers incredible proximity to local dining, shopping centers, public transit, and major Quad Cities routes. Sold as-is, Buyers and/or buyers agents to verify all facts, details, features and measurements of the property. DO NOT DISTURB TENANTS. 24hour notice required.

Features of 242 46th Street

MLS® # 12654741
Price $600,000
Bathrooms 0.00
Acres 1.87
Year Built 1944
Type Commercial Sale
Sub-Type Multi Family 5+
Status Active

Community Information

Address 242 46th Street
Area Moline
City Moline
County Rock Island
State IL
Zip Code 61265

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Window Unit(s)
Fireplace No
Has Basement No

Exterior

Exterior Wood

Additional Information

Days on Market 102
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeEpique Realty Inc

Listing Map

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