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$329,900
Est. payment /mo
3,690 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5 OR MORE UNITS
Listing Status Active
Purchase Type For Sale
Square Footage 3,690 sqft
Price per Sqft $89
MLS Listing ID 155072
Style 2 Story
Year Built 1923
Property Sub-Type 5 OR MORE UNITS
Property Description
Excellent investment opportunity! This well-maintained 6-unit apartment building is a fantastic addition to any investment portfolio. The property features two 2-bedroom units and four 1-bedroom units, all of which are currently fully rented, and have been generating an annual gross rental income of $53,412. Tenants are responsible for their own electric service, while the owner pays water, sewer, and exterior/common area electric. With stable occupancy, a solid rental history, and consistent cash flow, this income-producing property offers an excellent opportunity for both seasoned investors and those looking to expand their real estate portfolio. Don't miss your chance to own a well-performing multifamily property with reliable income and long-term investment potential!
Location
State IA
Area Dubuque Area
Interior
Heating Radiant
Cooling Window Unit
Exterior
Roof Type Asp/Composite Shingle
Building
Foundation Rock
Schools
Middle Schools Jefferson Jr High
High Schools S. Hempstead
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Listed by Keller Williams Legacy Group
Nearby Locations
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Katherine Bitter
Broker Associate License ID: B39541000
Broker Associate License ID: B39541000