Dubuque, IA 52001

INVESTOR ALERT!!! Solid Investment with 1.3% rent to value ratio, 11.81% Cap rate and 21.24% Cash-on-cash return! With an impressive rental history, this 7-plex brick apartment building offers a reliable source of income and an opportunity for appreciation over time. Located next to Dubuque's up and coming Artâ??s District. Whether you're a seasoned investor looking to expand your portfolio or a newcomer to real estate investment, this property is a sound choice. Don't miss out on this chance to own a well-maintained, income-generating, and strategically located 7-plex apartment building. Schedule a viewing today to explore the endless possibilities this property has to offer.

Unit Details

• Unit 1
  4 Rooms • 2 Beds • 1.0 Baths
  Rent Amount: $700.00
  RENTED
• Unit 2
  4 Rooms • 2 Beds • 1.0 Baths
  Rent Amount: $850.00
  RENTED
• Unit 3
  4 Rooms • 2 Beds • 1.0 Baths
  Rent Amount: $850.00
  AVAILABLE
• Unit 4
  1 Rooms • 0 Beds • 1.0 Baths
  Rent Amount: $575.00
  RENTED
• Unit 5
  4 Rooms • 2 Beds • 1.0 Baths
  Rent Amount: $875.00
  RENTED
• Unit 6
  6 Rooms • 4 Beds • 1.0 Baths
  Rent Amount: $1,200.00
  RENTED
• Unit 7
  4 Rooms • 2 Beds • 1.0 Baths
  Rent Amount: $0.00
  AVAILABLE

Other Info

• Gross Taxes: 2518
• Zoning: M - Residential (MR R3+)
• Listing Date: 10/12/23
• Price Date: 2/23/24
• MLS Number: 148214

Features

• Amenities: Smoke Detectors
• Appliances: Refrigerator
• Appliances: Range
• Basement: Full
• Cooling: None
• Foundation: Rock
• Fuel Type: Gas
• Fuel Type: Electric
• Garage Feature: Electricity
• Garage Feature: Service Entry
• Garage Type: Detached - 2
• Heat Type: Radiant
• Heat Type: Hot Water
• Owner Pays: Water
• Parking: On Street
• Parking: Off Street
• Possession: Agreed
• Roof: Flat
• Roof: Rubber
• Siding: Brick
• Style Primary: 2 Story
• Style: 2 Story
• Tenant Pays: Electric
• Terms: Cash
• Type: 5 Or More Units