Dubuque, IA 52001-0000

Presenting a well-maintained 3-unit building with an additional commercial space, perfect for savvy investors looking to capitalize on rental income. Each of the three spacious residential units features 2 bedrooms and 1 bathroom, collectively generating $25,000 annually with potential for rent increases. Key Highlights: Total Units: 3 residential + 1 commercial Annual Income: $25,000 from apartments alone Unit Features: All residential units 2 bed / 1 bath Expenses: Tenants cover all their utilities and expenses. Owner responsible for taxes, insurance, and some utilities. Upside Potential: Opportunity to increase rental rates for added revenue & renting out Commercial space. Don't miss out on this excellent income-generating property with potential for growth. Seller prefers to sell this property along with 1551 & 1571 Bluff.

Unit Details

• Unit 1
  5 Rooms • 0 Beds • 1.0 Baths
  Rent Amount: $1,500.00
  AVAILABLE
• Unit 2
  5 Rooms • 2 Beds • 1.0 Baths
  Rent Amount: $525.00
  RENTED
• Unit 3
  5 Rooms • 2 Beds • 1.0 Baths
  Rent Amount: $550.00
  RENTED
• Unit 4
  5 Rooms • 2 Beds • 1.0 Baths
  Rent Amount: $475.00
  RENTED

Other Info

• Gross Taxes: 2972
• Parcel #: 1024329038
• Zoning: C; M
• Listing Date: 5/17/24
• Price Date: 8/27/24
• MLS Number: 149444

Features

• Appliances: Refrigerator
• Appliances: Range
• Basement: Partial
• Cooling: Wall Unit
• Foundation: Block
• Fuel Type: Electric
• Heat Type: Other
• Owner Pays: Other
• Parking: On Street
• Parking: Off Street
• Possession: Agreed
• Roof: Asp/Composite Shingle
• Siding: Brick
• Style Primary: 2 Story
• Style: 2 Story
• Tenant Pays: Water
• Tenant Pays: Electric
• Tenant Pays: Heat
• Tenant Pays: Trash
• Terms: Cash
• Terms: Financing
• Type: 5 Or More Units