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702 18TH AVE
MOLINE, IL 61265
Asking Price
$260K
Cap Rate
10.08%
Asset Type
Mixed-use
Class
Class B
What's Special
100% Leased | 2 Apartment and 2 Commercial Units <ul><li><strong>Fully Occupied Mixed-Use Asset with Diversified Income Streams</strong> – The property includes two residential apartments and two ground-floor commercial storefronts, providing investors with income diversification across both residential and commercial tenancy.</li></ul><p></p><ul><li><strong>Recent Capital Improvements & Updated Unit Interiors</strong> – Per ownership, recent improvements include a replaced roof, updated residential apartments with central heating and air co
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NOI
$80,000
Cap Rate
30.77%
DSCR
5.18
Strong
Cash-on-Cash
82.77%
Monthly Payment
$1,286.338
Annual Cash Flow
$64,563.942