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732 N Marquette Street

Davenport, IA 52802
  • $215,900
  • STATUS: Active
  • ON SITE: 119 Days
  • ID#: QC4240380
$215,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1912
County:
Area:

School Information

High School:

Description

Unique, one of kind rare investment opportunity! This turn key multi purpose building is perfect for someone looking for a first time investment property or if you're just looking to expand your portfolio. Ever think about living in your own shop space? Turning a commercial space into your home? You could move into your own garage/shop and receive rental income from 3 other apartments! Start a business and take advantage of the high visibility on Marquette ST! There are so many things you can do with this cash flowing building! This property falls under the URTE zone, meaning you can apply for property tax exemption on value added to the building. All mechanicals are are with two years old wit the exception of the garage space. New flooring and paint in the downstairs apartment last year.

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© 2023 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nikki Sailor | Mel Foster Co. Data last updated: 2023-06-09T23:45:18.123.
www.nikkisailor.com/homes/136847437
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732 N Marquette Street Davenport, IA 52802

  • Price: $215,900
  • Status: Active
  • On Site: 119 Days
  • ID#: QC4240380
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1912
Built
Neighborhood:
Mitchell
County:
Scott
Area:
Qcara Area
High School:
West High School
Property Description
Unique, one of kind rare investment opportunity! This turn key multi purpose building is perfect for someone looking for a first time investment property or if you're just looking to expand your portfolio. Ever think about living in your own shop space? Turning a commercial space into your home? You could move into your own garage/shop and receive rental income from 3 other apartments! Start a business and take advantage of the high visibility on Marquette ST! There are so many things you can do with this cash flowing building! This property falls under the URTE zone, meaning you can apply for property tax exemption on value added to the building. All mechanicals are are with two years old wit the exception of the garage space. New flooring and paint in the downstairs apartment last year.
Exterior Features

Construction Materials Brick Parking Features AttachedOn Street Parking Total 6 Roof Rubber

Interior Features

Basement Unfinished Building Area Total 5632 Heating Heating Systems - 2+GasCentralGas Water Heater Number Of Central Air Units 3 Number Of Electric Meters 2 Number Of Gas Meters 2 Number Of Heating Units 3 Number Of Water Heaters 2

Property Features

100 Year Plain Unknown Agent Owned Yes Disclosed Short Sale N Financing Cash OnlyContractConventional Gross Income 2650 Insurance Expense 1440 Lot Features Level Lot Size Dimensions 5632 Manager On Site YN No Net Operating Income -6060 New Construction YN No Number Of Water Meters 1 Operating Expense 5970 Structure Type Conversion Tax Annual Amount 2740 Tax Legal Description Mitchell's 3RD Add Lot: 007 Block: 016 Mitchell's 3RD Add N88' Of Tax Year 2021 Trash Expense 1080 Type Residential Income Water Source Public Sewer

Listing provided courtesy of Mhisho Vuong-Lynch of Realty One Group Opening Doors: Cell: 563-370-1735.
© 2023 RMLS Alliance, LLC. All Rights Reserved.


© 2023 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nikki Sailor | Mel Foster Co. Data last updated: 2023-06-09T23:45:18.123.
 
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Nikki Sailor | Mel Foster Co
3211 E 35th St Ct
Davenport IA, 52807