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About the Listing 108305 - 1082079,1082047
Turnkey investment opportunity! This well-maintained triplex has been proudly owned by the same family since 1977 and offers immediate cash flow with all three 2-bedroom, 1-bath units fully rented. Current rental income totals $2,600 per month, with rents of $800, $800, and $1,000. Tenants pay their own gas and electric, helping minimize owner expenses. One tenant has called the property home for 22 years, demonstrating the property's long-term rental appeal and stability. Two of the three units (1001 & 10011/2) have been thoughtfully updated with new windows, flooring, bathrooms, paint, and more, while the third unit offers the opportunity for future updates and additional value. Amenities include coin-operated laundry, private 3' x 5' basement storage areas for each tenant, and one off-street parking space per unit. Major improvements include a new roof and gutters (2020), new water heater (2023), new sump pump (2024), and new electric meters for each unit. Heat is provided by a boiler system with window A/C units. This solid, income-producing property combines decades of pride of ownership, numerous capital improvements, dependable long-term tenancy, and immediate cash flow-making it an outstanding addition to any investment portfolio. "all information is estimated and should be fully verified by buyers and buyers agents for full accuracy" Can be sold as a package with MLS 12716005
Listing Highlights
Interior Details
- Bedrooms: 6
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating: Steam
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Unfinished,Partial
- Other:
- Water: Public
Exterior Details
- Lot Description: Level
- Garage Capacity: N/A
- Parking Spaces: 3
- Roof: Asphalt
- Others:
- Sewer: Public Sewer
- Parking Features: Off Street
Financial Details
- Tax Amount: $4,472
- Taxes w/Assessments: N/A
- Tax/Property ID: 1805112001
- Tax Year: 2025
Payment Calculator
Monthly Payment
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- in Taxes
Questions About..
1001 14th St Silvis, IL 62182
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