Dubuque, IA 52001

This if one of the nicest, most up to date multi-family properties in the Tri-state area. This 11 unit building was totally renovated. It features the most maintenance free, sound proof apartments available. Tenants pay all utilities. Low taxes until 2041 because of a tax abatement. Apartments feature private laundry, high ceilings, exposed brick walls, solid surface counter tops, on-demand gas water heaters and many more amenities. Owner is willing to continue management and/or finish the build out of the last 3 apartments in the basement as part of the agreement which would increase the rent roll to $25,000+ per month. Floor plans attached and also show 3 potential apartments in the basement. No fire escape needed-stair wells are fire rated to 3rd floor. Insurance is reasonable since new wiring, plumbing, roof etc, very thick brick walls-according to owner if an apartment were to catch fire it would take 5-6 hrs to spread to another one, also has sprinkler system. Full rent roll available on Assoc. Docs. The 3 apartments on 3rd floor have lofts which can add 3 more bedrooms for a total of 29 bedrooms. Ideal for rental with new medical school downtown. This property was a K-12 school & has been totally rehabbed. Each apartment has a key-fob keyless entry via touchpad, fiber internet, 13-15' ceilings & 9-10' tall windows with lots of natural light. Please see Assoc. Docs for more details.

Unit Details

• Unit 1
  4 Rooms • 2 Beds • 2.0 Baths
  Rent Amount: $2.00
  RENTED
• Unit 2
  4 Rooms • 2 Beds • 2.0 Baths
  Rent Amount: $1.00
  RENTED
• Unit 3
  4 Rooms • 2 Beds • 2.0 Baths
  Rent Amount: $2.00
  RENTED
• Unit 4
  4 Rooms • 2 Beds • 2.0 Baths
  Rent Amount: $1.00
  RENTED
• Unit 5
  4 Rooms • 2 Beds • 2.0 Baths
  Rent Amount: $1.00
  RENTED
• Unit 6
  4 Rooms • 2 Beds • 2.0 Baths
  Rent Amount: $1.00
  RENTED
• Unit 7
  4 Rooms • 2 Beds • 2.0 Baths
  Rent Amount: $1.00
  RENTED

Other Info

• Gross Taxes: 654
• Parcel #: 1024456008
• Zoning: C-4
• Listing Date: 2/1/25
• Price Date: 2/25/25
• MLS Number: 151285

Features

• Amenities: Smoke Detectors
• Amenities: Fire Sprinklers
• Appliances: Refrigerator
• Appliances: Range
• Appliances: Dishwasher
• Appliances: Microwave
• Appliances: Disposal
• Appliances: Washer
• Appliances: Dryer
• Basement: Full
• Cooling: Central Air
• Foundation: Rock
• Fuel Type: Gas
• Garage Feature: No Features
• Heat Type: Forced Air
• Owner Pays: Other
• Parking: Other
• Possession: Immediate
• Roof: Asp/Composite Shingle
• Siding: Brick
• Style Primary: Other
• Style: Other
• Tenant Pays: Gas
• Tenant Pays: Water
• Tenant Pays: Electric
• Tenant Pays: Heat
• Tenant Pays: Trash
• Terms: Cash
• Terms: Financing
• Type: 5 Or More Units