Property Description
Welcome to this property located in Davenport, IA. Built in 1900. this home is offered at $375,000.
Thirteen-unit commercial investment property located within Davenport’s I-MU (Industrial Mixed Use) district near the downtown core and riverfront. The property is fully occupied and generates a Net Operating Income of $37,681. 7,943 SF brick building on 0.14 acres featuring multi-tenant layouts and consistent occupancy. Ownership provides utilities for this building and charges tenants an additional $50 per month during the months they use window A/C units. Property includes an on-site parking lot accessible from an alley off Brown or Warren Street. Strong visibility and accessibility via downtown arterials. Property is located within the mapped floodplain.
The property sits on a 6,000 SF lot. The home has membrane roofing.
Utilities include municipal water water.
Located in Scott County.
Annual property taxes are $3,956 (as of 2024).
- Principal and Interest
- Property Tax
- HOA fee
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