Davenport, IA Real Estate For Sale. Add this money maker to your portfolio while rates are low. Side by side duplex that has replacement windows through out. Everything seperately metered, tenants pay all thier own utilities. Listing agent is a member of the LLC and is licensed in IA and IL. Currently both units are rented on 1 year leases, please give 48 hur notice to show. Cap Rate 12.26% and cash on cash return 35.51 %, see attached investment work sheet. SELLER INTENDS TO ASSIGN AS PART OF 1031 EXCHANGE
Off market
$118,800
1621 Gaines St, Davenport, IA 52803
3beds
0baths
2,526sqft
MultiFamily
Built in 1910
-- sqft lot
$118,800 Zestimate®
$47/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 0
Heating
- Forced air
Cooling
- Central
Appliances
- Included: Dryer, Washer
- Laundry: In Unit
Interior area
- Total interior livable area: 2,526 sqft
Property
Parking
- Parking features: Off-street
Features
- Exterior features: Other
Lot
- Size: 3,486 sqft
Details
- Parcel number: G000437
Construction
Type & style
- Home type: MultiFamily
Materials
- Frame
- Roof: Asphalt
Condition
- Year built: 1910
Community & neighborhood
Location
- Region: Davenport
Other
Other facts
- Laundry: In Unit
- No Utilities included in rent
Services availability

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