2705 N Lincoln Avenue
Davenport, IA 52804

$470,000

  • 5,148
    Square Feet

This is a 6 unit apartment building that has been very well maintained and managed well. This turn key investment cashflows and will be a good property to add to a portfolio or fist time investor. 4 2 bedroom units that rent for $850/ month and 2 one bedrooms that rent for $775/ month. Tenants pay gas, electric and water. Owner pays sewer and trash. There is onsite coin laundry that makes extra money every month as well. In recent years, new roof, siding , windows and all units are up to date on city rental inspection. The building is currently full.

Property Highlights

  • Cooling

    Central Air

  • Stories

    3.0 Stories

  • Taxes

    $7,008 Taxes

  • Year Built

    Built in 1976

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Ray McDevitt
Ray McDevitt REALTOR® (563) 940-0754 Licensed in IA & IL Bettendorf Office 1228 Middle Road
Bettendorf, IA 52722
(563) 441-5000 raymcdevitt.ruhlhomes.com
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