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Key Details
Sold Price $158,999
Property Type Multi-Family
Sub Type DUPLEX
Listing Status Sold
Purchase Type For Sale
Square Footage 2,178 sqft
Price per Sqft $73
MLS Listing ID 141557
Sold Date 03/15/21
Year Built 1896
Property Sub-Type DUPLEX
Property Description
This investment is nice and wont last long. This home offers an investor or owner occupant the perfect opportunity to acquire a positive cash flowing asset or option to live 'rent free' with an incredibly low expense structure. Both units are fully occupied until May 31, 2021. Jump into this investment and make money from day one with approximate 10% cap rate. Both units feature pristine hardwood floors, modern countertops, and updated appliances. Property includes a carriage house that is fitted for plumbing and electrical that allows for the owner to add a third unit in the attic of the garage with minimal work. The property also includes a 3 car parking lot off of garage. This property is centrally located and close to colleges, schools, hospital and all amenities. To many updates to list but here are a few: unit 2 bath remodel January 2020, 2 new water heater May 2020, Carriage house tuckpointed June 2020, Foundation tuckpointed September 2020, Both furnaces in 2012 and Roof approximately 2010. As you can see, Its all ready for you.
Location
State IA
Area Dubuque Area
Interior
Heating Forced Air
Cooling Central Air
Exterior
Parking Features Detached – 2
Garage Spaces 2.0
Roof Type Asp/Composite Shingle
Building
Foundation Rock
Schools
Elementary Schools Lincoln
Middle Schools Washington Jr High
High Schools Dubuque Senior
Others
SqFt Source 2.5
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Bought with EXIT Unlimited