120 PINE Street
Davenport,
IA
52802
$169,900.00
$159,900.00
Listing Description
Turnkey 4 plex, all units occupied! This investment property has a lot of high priced expenses taken care of for you to take over with ease. The roof was just replaced in 2023, water heater 2021, basement waterproofed 2012, siding 2010, windows approx 2003! The two main units were just remodeled last year. The basement offers coin operated laundry for additional cash flow. Cap rate without additional laundry income, approximately 11%, cash flow, ADS approx $16,000, cash flow $2100/year.