400 S 7th ST Quincy IL 62301 Adams
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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