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525-527 COLLEGE Avenue, Quincy, IL 62301
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$27,000
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Home Details for 525-527 COLLEGE Avenue
Price
$27,000
Type
Multi Family
Sq. Ft.
1109
Lot Size
0.09
County
Adams
Basement
Cellar
Tax
$554
MLS®️ Listing#
CA1032812
On exitrealty.com
358 days
Property Description
Income-generating duplex with an additional lot included! This 2-unit property at 525-527 College has long-term tenants in place, with Unit 525 occupied for 4+ years and Unit 527 for over 12 years. Each spacious unit offers a well-maintained layout, with mirror-flipped designs to centralize plumbing along the shared wall. Heating is provided by wall-mounted gas heaters, with baseboard heaters as a backup. While most updates are cosmetic in nature, the property benefits from an updated roof (year unknown) and a welcoming covered front porch for outdoor enjoyment. The additional lot at 523 College offers exciting potential for future development or added value. An excellent investment with steady rental income of $800/month, appealing to both seasoned and new investors! 523 College is an empty lot 23-5-0716-000-00, taxes are approx $60 year. (This offering can be purchased in a package deal to include 519 College - a neighboring lot)
- Heating Information
- Natural Gas
- Baseboard
- Water Features
- Public
- Parking
- On Street
- Basement
- Cellar
Listing Courtesy: Happel, Inc., REALTORS - Office: 217-224-8383. Presented by: Jacquelyn Weisenburger
Based on information submitted to the MLS GRID as of 2025-03-31 14:31:49. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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