$650,000
$720,000
9.7%For more information regarding the value of a property, please contact us for a free consultation.
3510 37TH AVE Moline, IL 61265
1,088 SqFt
Key Details
Sold Price $650,000
Property Type Single Family Home
Sub Type Residential Income
Listing Status Sold
Purchase Type For Sale
Square Footage 1,088 sqft
Price per Sqft $597
Subdivision Rock View Estates
MLS Listing ID QC4266941
Maintenance Fees $6,758
Year Built 1978
Annual Tax Amount $21,131
Tax Year 2024
Lot Size 0.480 Acres
Property Sub-Type Residential Income
Property Description
Great opportunity to acquire an 8-unit brick building in the desirable Rock View Estates subdivision of Moline. Ideally located in the heart of town with easy access to John Deere Road and I-74, this property offers both strong current income and future upside. Property highlights include 8 spacious units, each approx. 1,088 SF. Floorplans feature 2 bedrooms, 2 baths, and large living rooms. Oversized sliding glass doors open to private porches with fantastic views. Each unit includes a garage stall with hallway storage and common area laundry. All units are fully occupied with long-term tenants and potential for rent increases over time. Excellent condo conversion candidate to align with neighboring buildings. Community designed for 55+ living. Landlord pays water and tenants pay G/E. Recent improvements include a newer roof and blacktop parking lot. This property combines immediate stability with long-term value-add potential—ideal for investors seeking a well-maintained asset in a strong location.
Location
State IL
County Rock Island
Area Qcara Area
Interior
Heating Natural Gas
Cooling Central Air
Laundry Common Area
Exterior
View true
Roof Type Shingle
Building
Lot Description Corner Lot
Foundation Block
Water Public
Structure Type Brick
New Construction false
Schools
High Schools Moline
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