1200 20th Street

4-unit multi-family property in Rock Island offering a solid investment opportunity with strong income potential. This 2-story building includes four separate units: Unit 1 on the main floor features 3 bedrooms and 2 bathrooms; Unit 2 in the basement offers 2 bedrooms and 1 bathroom; and Units 3 and 4 on the second level each provide 1 bedroom and 1 bathroom. Three of the four units are currently tenant-occupied, generating just under $2,000 per month in rental income, while the main-floor unit is currently vacant. Tenants pay all utilities. Current rental terms allow a maximum of one cat with an additional deposit and monthly pet fee; dogs are not permitted. Flexible setup allows the new owner to either occupy the main-floor unit or place a tenant for additional income. A great opportunity to expand an investment portfolio or secure a property with existing cash flow. Sellers will put on a new roof prior to closing. Schedule a showing today. 48hr showing notice.