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Listed by Allison Langanof Ruhl&Ruhl REALTORS Davenport
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Est. payment | /mo
6 Beds
4 Baths
4,817 SqFt
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Est. payment | /mo
6 Beds
4 Baths
4,817 SqFt
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,817 sqft
MLS Listing ID QC4266940
Bedrooms 6
Full Baths 4
Year Built 1920
Annual Tax Amount $4,858
Tax Year 2024
Lot Size 10,454 Sqft
Lot Dimensions 75X127
Property Sub-Type Two to Four Units
Property Description
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 painted. Schedule a showing today!
Location
State IA
County Scott
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas
Fireplace Y
Exterior
View Y/N true
Building
Lot Description Level
Foundation Block
Sewer Public Sewer
Water Public
Structure Type Aluminum Siding
New Construction false
Schools
School District 1611, 1611, 1611
Others
Ownership Fee Simple
Special Listing Condition None
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