400 S 7th ST Quincy IL 62301 Adams

$ 649,000

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.

Basic Facts

MLS #: 199074 Type: Status: Bedrooms: 16
Total Baths Full: 8 Square Footage: 8448 sq ft Year built: 2013 Office Name: Happel Inc., REALTORS®

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Location Details

Zoning: Downtown
Elementary School: Denman
High School: Quincy

Property Details

Lot Size M/L: 99x120
Sale/Rent: For Sale
Rent Includes: Water, Trash
Levels: 2
Acres M/L: 0.27
Managing Broker: No

Property Features

Style: 2 Story
FEATURES INTERIOR: Ceiling Fan(s),Main Floor Laundry,Pets Allowed,Separate Electric Meters,Smoke Alarm(s),Stove Hook Up,Washer/Dryer Hook Up,Other (See Remarks)
FEATURES EXTERIOR: Fencing,Porch Covered
EXTERIOR: Brick,Stucco
COOLING: Central
Garage Capacity: None
HEAT: Forced Air Electric
Sewer: City
ROOF: Asphalt/Fiberglass
TECHNOLOGY: HiSpd Intrnt Cable Avail


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This style property is located in Quincy is currently and has been listed on Davis and Associates. This property is listed at $ 649,000. It has 16 bedrooms, bathrooms, and is . The property was built in 2013 year.