525-527 COLLEGE AVE Active Save Request In-Person Tour Request Virtual Tour
Quincy,IL 62301
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Residential Income
Listing Status Active
Purchase Type For Sale
Square Footage 1,109 sqft
Price per Sqft $35
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