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1001 14th Street Silvis, IL 62182

$249,900
New / MLS# 12716027 / Multi Unit - Multiple / Silvis
6 Beds
3 Baths

Turnkey investment opportunity! This well-maintained triplex has been proudly owned by the same family since 1977 and offers immediate cash flow with all three 2-bedroom, 1-bath units fully rented. Current rental income totals $2,600 per month, with rents of $800, $800, and $1,000. Tenants pay their own gas and electric, helping minimize owner expenses. One tenant has called the property home for 22 years, demonstrating the property's long-term rental appeal and stability. Two of the three units (1001 & 10011/2) have been thoughtfully updated with new windows, flooring, bathrooms, paint, and more, while the third unit offers the opportunity for future updates and additional value. Amenities include coin-operated laundry, private 3' x 5' basement storage areas for each tenant, and one off-street parking space per unit. Major improvements include a new roof and gutters (2020), new water heater (2023), new sump pump (2024), and new electric meters for each unit. Heat is provided by a boiler system with window A/C units. This solid, income-producing property combines decades of pride of ownership, numerous capital improvements, dependable long-term tenancy, and immediate cash flow-making it an outstanding addition to any investment portfolio. all information is estimated and should be fully verified by buyers and buyers agents for full accuracy Can be sold as a package with MLS 12716005

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Baird & Warner Joe Bjorklund Agent Cell: 360.977.2888 Email

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Estimated Payment

$ 1,000.89 per month $555.33 Principal & Interest $372.67 Property Tax $72.89 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Basement: Unfinished, Partial
Basement: Yes
Heating: Steam
Lot Size: 0.22 Acres
Roof Type: Asphalt
Taxes: $4,472
Year Built: 1977

Feature Descriptions

Exterior: Brick
Lot: Level
Parcel#: 1805112001
Parking: Off Street
Sewer: Public Sewer
Total Rooms: 12
Township: Hampton
Water: Public

Schools

School District: District 30

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

See details and scored characteristics about this location.

Listing Office: QC Reserve - Real Broker, LLC

Listing Office Phone: 563-294-0877



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