7 Unit
Address: 1407 12th Ave, Moline, IL 61265
Vacant Property
All Units need work
All Electrical/ Plumbing has been done.
Paint has been done in some units
All Cosmetic work needed
2 - Studios - Average Rents $550 a month
3 - 1 bed 1 bath- Average Rents $750 a month
2 - 2 bed 1 Baths Average Rents $1150 a month
Conservative gross monthly rental revenue $5,300 a month
Electrical and plumbing is done
All Projected rents have come from a local realtor
Repair costs: $140k (Two GCās have walked it)
ARV: 520k (Realtor Comped it)
Price: $275k
Icloud photo link:
https://share.icloud.com/photos/08c_mLkCArSYcc5J-uHyk9nAA