About this property

Excellent opportunity to acquire a 9-unit mixed-use apartment complex consisting of three connected buildings with separate addresses, offering both residential and commercial income streams. 1726 9th Street includes five residential units, featuring four 1-bedroom/1-bath apartments and one 2-bedroom/1-bath unit. 903 18th Avenue offers three residential units, comprised of two 2-bedroom/1-bath apartments and one 1-bedroom/1-bath unit. 905 18th Avenue features two commercial units, ideal for retail, office, or service-based use. Currently long term tenants with Barber Shop and Electrical Warehouse. The property offers enclosed interior hallways and a common laundry area, enhancing tenant convenience and operational efficiency. Additional income potential is available through a 2-car garage currently suitable for rental. Tenants also enjoy a shared outdoor patio area, adding valuable communal space. Strategically located in Central Moline, this property provides quick access to Downtown Moline, the John Deere Expressway, Rock Island, and Interstate 74, making it attractive to both residential tenants and commercial occupants. With a desirable unit mix, multiple revenue streams, and a central location, this property presents a solid opportunity for investors seeking stable cash flow with long-term upside. Total of 10 units rented out plus 2 car garage. 48 hours required to show we will need to notify all tenants.

Features and Additional Information