2615 N Pine
Davenport, IA 52804
MLS #4188687

Income
  • 30units
  • 14,984sq ft
$1,800,000
Est. P&I payment: $6874.78/mo
2615 N Pine, Davenport, IA 52804
  • 2615 N Pine, Davenport, IA 52804 Photo 1
  • 2615 N Pine, Davenport, IA 52804 Photo 2
  • 2615 N Pine, Davenport, IA 52804 Photo 3
  • 2615 N Pine, Davenport, IA 52804 Photo 4
  • 2615 N Pine, Davenport, IA 52804 Photo 5
  • 2615 N Pine, Davenport, IA 52804 Photo 6
  • 2615 N Pine, Davenport, IA 52804 Photo 7
  • 2615 N Pine, Davenport, IA 52804 Photo 8
  • 2615 N Pine, Davenport, IA 52804 Photo 9
  • 2615 N Pine, Davenport, IA 52804 Photo 10
  • 2615 N Pine, Davenport, IA 52804 Photo 11
  • 2615 N Pine, Davenport, IA 52804 Photo 12
  • 2615 N Pine, Davenport, IA 52804 Photo 13
  • 2615 N Pine, Davenport, IA 52804 Photo 14
  • 2615 N Pine, Davenport, IA 52804 Photo 15
Share  
Description for 2615 N Pine, Davenport, IA 52804
*30 Unit property being sold as a package to include (5) 4-plex town homes (2) low rise style 2615 N Pine, 2621 N Pine, (3) side by side townhouses 2641 N Pine, 2649 N Pine, 2263 W. Columbia and (1) 10-plex brick apartment building 2629 N Pine (8) 2 bedrooms, (2) 1 Bedrooms, one of which functions as the onsite office currently, vacant lot south on property could build another 4 plex. Low rise town homes have private back patios, covered front patios and carports. Property includes 10 detached garages and amble tenant parking lot, over 2 acres adjacent to single family homes, owner controls the entire block of income property, being sold as a cash flowing operational business opportunity, includes owned appliances refrigerators, range/oven, and microwave. Utilities separated per unit, Many recent updates, HVAC, bathrooms, kitchens, flooring, doors trim, light fixtures ect, approximately 90% of units rehab completed. List price is 8% cap rate.
MLS #4188687
Tour This Property In Person
Request a Showing
 

My Notes for MLS #4188687

General Features

  • Status: Active
  • Approximate Lot Size: 90,​537 sqft
  • Approximate Number of Acres: 2.08
  • Area: Davenport,​ NW1/4,​N of Kimberly-W
  • Style: Other Styles
  • Total Number of Units: 30
  • Total Square Feet: 14,984
  • Type: Residential Income
  • Unit 1 Unit Number: 2,639
  • Year Built: 1963

Exterior Features

  • Exterior: Aluminum Siding,​Brick Partial
  • Garage/Parking: Detached
  • Number of Parking Spaces: 35
  • Roofing: Composition

Interior Features

  • Appliances - All: Refrigerator,​Range/Oven
  • Appliances - Some: Microwave Oven
  • Basement: Full
  • Laundry Facilities: Laundry Facilities/Common,​Owned Equipment,​Units Hook-Ups
  • Unit 1 Bedrooms: 3
  • Unit 1 Fireplace: N
  • Unit 1 Full Baths: 1
  • Unit 1 Rooms: 6

Utilities Features

  • Heating/Cooling: Forced Air,​Central Air
  • Total Number of Central Air Units: 30
  • Total Number of Electric Meters: 30
  • Total Number of Gas Meters: 28
  • Total Number of Heating Units: 30
  • Total Number of Water Heaters: 30
  • Total Number of Water Meters: 29
  • Water/Sewer: Public Sewer,​Public Water

Financial Features

  • Annual Taxes: 29,105
  • Lease Information: Various Terms
  • Price Per SQFT: 120.13
  • Sale/Rent: For Sale
  • Tenant Pays: Gas & Electric,​Water
  • Unit 1 Rent: 900

Community Features

  • Road/Access: Paved

School Features

  • High School: Davenport

Misc Features

  • Subdivision: PINE ST COOP

Location

 
Street View Not Available
Directions to 2615 N Pine, Davenport, IA 52804
West Central Park to Pine
The listing information for 2615 N Pine, Davenport, IA 52804 was graciously provided by our friends at the listing brokerage, RE/MAX River Cities

Get Financing for 2615 N Pine, Davenport, IA 52804

($ or %)
%
P&I Payment $6874.78
Request More Listing Information
Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Realty Fireside's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Realty Fireside, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 02/22/2018 at 9:37pm
Agent Login    |    Powered by Onjax
Create Free Account or
Choose Your Agent (optional)
By using our site, users agree
to the terms and privacy policy
Equal Housing Opportunity Realtor MLS
Sign-In or