IL > Quincy
Quincy, IL 62301,525-527 COLLEGE AVE
Quincy, IL 62301,525-527 COLLEGE AVE
Quincy, IL 62301,525-527 COLLEGE AVE
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Shelley Berendt

Shelley Berendt

+1(217) 741-7227
Listed by Jacquelyn Weisenburger • Happel, Inc., REALTORS
$45,000
Est. payment /mo
1,109 SqFt
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UPDATED:

11/04/2024 08:03 PM

Key Details

Property Type Single Family Home

Sub Type Residential Income

Listing Status Active

Purchase Type For Sale

Square Footage 1,109 sqft

Price per Sqft $40

MLS Listing ID CA1032812

Originating Board rmlsa

Annual Tax Amount $554

Tax Year 2023

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 40x100

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)

Location

State IL

County Adams

Area Quincy

Direction College between 5th & 6th St. On North side of street

Rooms

Basement Cellar

Interior

Heating Baseboard, Gas, Wall Unit(s)

Fireplace N

Laundry Units Hook-Ups

Exterior

View true

Roof Type Shingle

Street Surface Curbs & Gutters

Garage 1

Building

Lot Description Level

Faces College between 5th & 6th St. On North side of street

Unit Features [{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 1\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":400,\"RMA_NumberParking\":\"0\",\"RMA_NumberUncovered\":\"0\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1373638Group_1\"},{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 2\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":400,\"RMA_NumberParking\":\"0\",\"RMA_NumberUncovered\":\"0\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1373638Group_2\"}]

Water Public Sewer, Public

Structure Type Other,Stucco,Vinyl Siding

New Construction false

Schools

Elementary Schools Rooney

High Schools Quincy School District #172

Others

Tax ID 23-5-0717-000-00

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Shelley Berendt

Broker | License ID: 475.127277

+1(217) 741-7227

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525-527 COLLEGE AVE

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