Location: within of
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Residential Sq Ft:
Retail Sq Ft:
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Property Style:
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MLS Number:

1089 University Avenue

$ 175,900

Dubuque, IA 52001

3.0 bath • 3,476 sqft
$
%/Year
Years

Looking for a fully rented multi use investment property in a great location to add to your portfolio!? Here it is! This property has a projected gross income of approximately 28,800, estimated annual vacancy and other expenses of approximately $9,500, and an estimated Net Income of $19,300. This property has great return in a high traffic area with great upward value potential. The restaurant is rented at $1,500/month plus escalators. Call for lease. The upstairs apartment is over 1,600 sq.ft. and rented at $700/month and could be higher easily. Don't miss the off street parking lot to the rear which is also quite valuable!

  • Bathrooms: 3.0
  • Office: 240 sqft
  • Residential: 1578 sqft
  • Retail: 1618 sqft
  • Other: 1618 sqft
  • Price per sqft: 51.75
  • Lot Size: 5000 Sq. Ft.
  • # Parking Spaces: 6
  • Overhead Door Height: 6
  • Parcel Number: 1026229016
Income
  • Rent: 2400
  • Sales: 0
  • Other: 0
  • Net: 20,749
  • Total: 2400
Expenses
  • Insurance: 1643
  • Taxes: 3308
  • Utilities: 300
  • Other: 2800
  • Total: 8,051
Other Info
  • Year Built: 1880
  • Contract Date: 2019-11-26
  • Listing Date: 6/21/19
  • Price Date: 1/3/20
Features
  • Basement: Full
  • Style Primary: Two Story
  • Cooling: Central Air
  • Cooling: Window Unit
  • Electrical Service: 200 Amps
  • Electrical Service: Other
  • Electric Provider: Alliant
  • Exterior Finish: Brick
  • Exterior Finish: Other
  • Extras: Other
  • Flooring: Other
  • Foundation: Rock
  • Fuel Type: Gas
  • Gas: Natural Gas
  • Ground Line Doors: None
  • Heat Type: Forced Air
  • Heat Type: Other
  • Parking Surface: Gravel
  • Parking Surface: Paved
  • Possession: Agreed
  • Raised Docks: None
  • Roof: Asphalt Shingle
  • Roof: Rubber
  • Sale Or Rent: For Sale
  • Sewer: Public
  • Terms: Cash
  • Terms: Financed
  • Type: Commercial
  • Uses: Retail
  • Uses: Office
  • Uses: Restaurant
  • Uses: Tavern/Bar
  • Uses: Multifamily
  • Water: Public
This property is courtesy of Ruhl & Ruhl Realtors