Property Description

New construction in 2013 in Quincy’s only Qualified Opportunity Zone, the local Enterprise Zone ($721 annual taxes until 2023) and in The District. Separate electric & water meters for each unit. Owner pays trash only. All units are electric, 2bd, 2 bath with off street parking. Historically low vacancy rate since lease-up. Under rented with huge upside for new owner. Three units have original tenants. ‘Other Interior’ is inside sprinkler system in all units. Remaining 4 units identical floor plan leased for $650. Room to push rents to market rate. Fully leased-up by March, 1.

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Location Details
400 S 7th ST
US
IL
Adams
Quincy
62301
Denman
Quincy
8th & State, south to Kentucky, west on Kentucky to 644.
Additional Details
ACTIVE
8
8
4
4
City
2 Story
No
2018
721
Spencer
Schelp
Happel Inc., REALTORS®
02/26/2020 17:33:22

Multi-family For Sale

400 S 7th ST, Quincy, Illinois 62301

16 Bedrooms
8 Bathrooms
8,448 Sqft
$649,000
MLS #199074
Basic Details
Lot Size : 99x120
Property Type : Multi-family
Listing Type : For Sale
MLS : 199074
Price : $649,000
Bedrooms : 16
Bathrooms : 8
Half Bathrooms : 0
Square Foot : 8,448 Sqft
Year Built : 2013
Lot Area : 0.27 Acre
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