242 46th Street, Moline, IL 61265

Property Overview

Incredible investment opportunity in Moline! This expansive multi-family property features a solid rental history with long-term tenants already in place, situated on a generous 1.81-acre parcel with ample land offering excellent future development potential. Offering a park-like setting with optimal off-street carport parking, this unique 25-unit apartment community features highly efficient studio layouts. Units include a private entrance, full kitchen setup, and a rental structure historically built around an all-utilities-included format for low vacancy rates. Perfectly positioned just off Avenue of the Cities, this property offers incredible proximity to local dining, shopping centers, public transit, and major Quad Cities routes. Sold as-is, Buyers and/or buyers agents to verify all facts, details, features and measurements of the property. DO NOT DISTURB TENANTS. 24hour notice required.