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2615 N Pine, Davenport, Ia 52804


SALE: $1,800,000 Multi-Family
  • MLS# 7038152
  • |Scott County
  • |14984 Sq. Ft.
New Listing

More about 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, equipment, and maintenance supplies. Utilities separated per unit, Many recent updates, HVAC, bathrooms, kitchens, flooring, doors trim, light fixtures ect, approximately 85% of units rehab completed, units have keyless entry. List price is 8% cap rate.

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*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, equipment, and maintenance supplies. Utilities separated per unit, Many recent updates, HVAC, bathrooms, kitchens, flooring, doors trim, light fixtures ect, approximately 85% of units rehab completed, units have keyless entry. List price is 8% cap rate.

Listing Information
  • Year Built: 1963
Interior Features
  • Cooling: Central
  • Location: Neighborhood,Suburban
  • Roof: Comp Shingle
  • Sewer: City Sewer
Exterior Features
  • Parcel ID: 02105C04*
  • Zoning: res
  • Annual Tax: 29105.00
  • Description: Multi-Tenant
  • Tax Incentives: In City Limit,None
  • Heating: Forced Air
  • Directions: West Central Park to Pine
  • Three Phase: No
  • Total Units: 30
  • Total Buildings: 6
  • Style: Other
  • Sale Includes: Land,Building,Furniture,Other Sale/Lease Includes,Business,Equipment
  • Parking Space: 30
Lot Features
  • Lot size : 2.08
  • Acres: 2.08

Location for 2615 N Pine, Davenport, IA 52804


Drive direction to 2615 N Pine, Davenport, Ia 52804


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