120 N PINE ST, Davenport, IA 52802 - MLS#QC4269570 - Janet Arns

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Residential Income

Listing Status Active

Purchase Type For Sale

Square Footage 2,448 sqft

Price per Sqft $69

Subdivision West Park

MLS Listing ID QC4269570

Maintenance Fees $2,500

Year Built 1900

Annual Tax Amount $1,795

Tax Year 2024

Lot Dimensions 54x110x62x79

Property Sub-Type Residential Income

Source rmlsa

Property Description

Turnkey 4 plex, all units occupied! This investment property has a lot of high priced expenses taken care of for you to take over with ease. The roof was just replaced in 2023, water heater 2021, basement waterproofed 2012, siding 2010, windows approx 2003! The two main units were just remodeled last year. The basement offers coin operated laundry for additional cash flow. Cap rate without additional laundry income, approximately 11%, cash flow, ADS approx $16,000, cash flow $2100/year.

Location

State IA

County Scott

Area Qcara Area

Direction Head southwest on Rockingham Rd toward S. Division Street. Turn right onto S. Pine Street. Turn left. The duplex will be on the right.

Rooms

Basement Full,Unfinished,Sump Pump

Interior

Interior Features Cable Available

Heating Electric,Natural Gas,Gas Water Heater,Window Unit(s)

Fireplace N

Laundry Common Area,Owned Equipment

Exterior

View true

Roof Type Shingle

Total Parking Spaces 4

Garage 1

Building

Lot Description Level

Faces Head southwest on Rockingham Rd toward S. Division Street. Turn right onto S. Pine Street. Turn left. The duplex will be on the right.

Unit Features [{\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"Unit 1\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":650,\"RMA_NumberParking\":\"1\",\"RMA_NumberUncovered\":\"0\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1406170Group_1\"},{\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"Unit 2\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":465,\"RMA_NumberParking\":\"1\",\"RMA_NumberUncovered\":\"0\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1406170Group_2\"},{\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"Unit 3\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":650,\"RMA_NumberParking\":\"1\",\"RMA_NumberUncovered\":\"0\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1406170Group_3\"},{\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"Unit 4\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":465,\"RMA_NumberParking\":\"1\",\"RMA_NumberUncovered\":\"0\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1406170Group_4\"}]

Foundation Concrete Perimeter

Water Public Sewer,Public

Structure Type Vinyl Siding

New Construction false

Schools

Elementary Schools Hayes

Middle Schools Smart

High Schools Davenport West

Others

Tax ID K0016-07