$275,000
-
6
Bedrooms
-
4
Bathrooms
-
4,817
Square Feet
Great investment opportunity! This fully rented 4 unit conversion offers updated units with 1 new tenant, and 3 long-term tenants - 2 of which are currently month-to-month. It was previously listed as a 5 unit property, but unit 5 (walk up attic) is not habitable, and the county reassessed and lowered the taxable amount by almost $40K for 2025! Attic unit has a fire escape and potential to be finished and added to unit 4 for a 2 level - 3 bedroom, 2 bathroom apartment. Tenants responsible for electricity only. Fireplaces are inoperable. Water heater was replaced in 2020. Dual furnace has an annual maintenance agreement. Exterior wood recently...read more
Property Highlights
Heating
Natural Gas
Taxes
$4,858 Taxes
Water
Public
Year Built
Built in 1920
All Property Features
Property Type
Multi Unit - Multiple
Basement
Yes
Basement
Unfinished, Full
Days on Site
120
Exterior
Aluminum Siding
Heating
Natural Gas
Lot Description
Level
Lot Dimensions
75X127
Lot Size
0.24 Acres
Parcel#
C006122
Parking
Alley Access, Parking Lot, Yes
Sewer
Public Sewer
Taxes
$4,858
Total Rooms
14
Township
N/A
Water
Public
Year Built
1920
Gallery
Davenport, IA 52806 (563) 441-5100 allisonlangan.ruhlhomes.com
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