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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

    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

    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
    Get pre-qualified for a loan
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    An equal housing lender. NMLS #10287.