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Alisa Sanders

sanders2982@gmail.com +1(217) 257-6622

Listed by BobetteL Cawthon • Davis & Associates, REALTORS

$ 700,000

Est. payment -/mo

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Active

400 S 7TH ST Quincy, IL 62301

8,448 SqFt

UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Residential Income

Listing Status Active

Purchase Type For Sale

Square Footage 8,448 sqft

Price per Sqft $82

MLS Listing ID CA1047030

Maintenance Fees $600

Year Built 2013

Annual Tax Amount $15,597

Tax Year 2024

Lot Size 10,018 Sqft

Acres 0.23

Lot Dimensions 99 x 100

Property Sub-Type Residential Income

Source rmlsa

Property Description

Fully occupied 8-unit multifamily investment property built in 2013 with current gross rental income of $7,100/month ($85,200 annually). Seven units rent for $900, and one for $800. All Units feature open floor plans, 2 bedrooms and 1 bath, as well as in-unit washer/dryer hookups. Tenants pay all utilities except garbage. Numerous updates have been completed throughout the units, including flooring, appliances, and bathroom improvements. Each unit has its own furnace, central cooling, and electric water heater. Property includes sprinkler systems, one private off-street parking space per unit, plus additional off-street parking. An established income-producing property with strong amenities and tenant appeal. Interior photos submitted by seller.

Location

State IL

County Adams

Area Quincy

Zoning R3

Direction From 8th and State, North on 8th, to Kentucky, turn W follow to S 7th.

Rooms

Basement None

Interior

Interior Features Cable Available, High Speed Internet

Heating Electric, Forced Air, Electric Water Heater

Cooling Central Air

Fireplace N

Laundry Units Hook-Ups

Exterior

View true

Roof Type Shingle

Street Surface Paved

Total Parking Spaces 8

Garage 1

Building

Lot Description Level

Faces From 8th and State, North on 8th, to Kentucky, turn W follow to S 7th.

Unit Features [{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 1\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":800,\"RMA_NumberParking\":\"1\",\"RMA_NumberUncovered\":\"0\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1421727Group_1\"},{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 2\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":900,\"RMA_NumberParking\":\"1\",\"RMA_NumberUncovered\":\"0\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1421727Group_2\"},{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 3\",\"RMA_FullBaths\":\"0\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":900,\"RMA_NumberParking\":\"1\",\"RMA_NumberUncovered\":\"0\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1421727Group_3\"},{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 4\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":900,\"RMA_NumberParking\":\"1\",\"RMA_NumberUncovered\":\"0\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1421727Group_4\"}]

Foundation Slab

Water Public Sewer, Public

Structure Type Brick,Stucco

New Construction false

Schools

Middle Schools Quincy Jr High

High Schools Quincy School District #172

Others

Tax ID 232033900000

Alisa Sanders

Agent

+1(217) 257-6622

Alisa Sanders

400 S 7TH ST Quincy, IL 62301

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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400 S 7TH ST