910-912 W 3rd St - Apartments FOR SALE


Davenport, IA 52802- Centennial Gateway
$274,999 USD
319-572-7468
910-912 W 3rd St, Davenport, IA for Sale
$274,999 USD
Apartments - FOR SALE
1/16
null | 9.54% Cap Rate

910-912 W 3rd St
Davenport, IA 52802
Centennial Gateway


HIGHLIGHTS

  • Included utilities, picnic area, near downtown, amenities, shopping, restaurants, and public transportation

OVERVIEW

Charming 6-Unit Investment Opportunity in West Davenport Discover this exceptional investment property located at 90 W 3rd St, Davenport, Iowa, just minutes from downtown. This three-story, six-unit building offers a versatile mix of apartments, catering to a variety of tenant needs. Two spacious 2-bedroom, 1-bath units (700 sq ft each) Four cozy studio apartments with one full bath (500 sq ft each) Off-street parking available for tenants’ convenience Tenants enjoy the benefit of included utilities (excluding electricity), while you’ll appreciate the property’s low-maintenance setup. The location in West Davenport provides easy access to local amenities, shopping, and public transportation, making it highly desirable for renters. Whether you're an experienced investor or new to property management, this solid, income-generating property is a fantastic addition to your portfolio. Contact us today for more details or to schedule a showing!

FOR SALE DETAILS

PRICE

$274,999 USD

PRICE/SF

$70 USD /SF

# OF UNITS

6

PRICE/UNIT

$45,833

CAP RATE

9.54%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

5,937 SF

ZONING

Commercial Residential

APN/PARCEL ID

L0003-27

ASK ABOUT THIS PROPERTY

Gene DelPreoreGTA Old Town LLCMore Info
319-572-7468

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Gene DelPreoreGTA Old Town LLCMore Info
319-572-7468

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.