NOT LISTED FOR SALE

1850 Ellis St Dubuque, IA 52001

-- Bed
-- Bath
13,740 Sq Ft
1965 Built

Last Sold November 01, 2018

Last sale price $1,075,000 $78 Per Sq Ft

About This Home

As of November 2018

Large 40 plex. Very low vacancy. Long term tenants, all 1 bedroom units, coin-op laundry room, large maintenance room. All units have central air. Roof replaced in 2012. Plenty of off-street parking. Gas and electric are separated for each apt, but the owner pays all utilities for some units per lease agreement. Owner pays water, hot water, and trash. Grass/snow removal and trash are added to other expenses. Other income is laundry. Listing Agent will provide a rent roll on request from agent. Listing agent is also property manager.

Last Agent to Sell the Property

Mary Hollenback

Key City Realty Listed on: 07/16/2018

Last Buyer's Agent

Vicki Bechen

Brissey Realty LLC License #IL

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Rubber Roof

Interior Spaces

  • 2-Story Property
  • Partial Basement
  • Fire and Smoke Detector
  • Range

Utilities

  • Forced Air Heating and Cooling System
  • Gas Available

Listing and Financial Details

  • Tenant pays for gas, water
  • The owner pays for water, trash
  • Assessor Parcel Number 1024180034

Community Details

Building Details

  • Insurance Expense $8,400
  • Maintenance Expense $12,940
  • Manager Expense $17,250
  • Other Expense $9,220
  • Utility Expense $37,000
  • Real Estate Tax Expense $29,720
  • Net Operating Income $108,670

Additional Features

  • 40 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Style: 2 Story
  • Style2: 2 Story
  • Type: 5 Or More Units
  • Year Built: 1965
  • Lvt Date: 07/17/2018
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range
  • Estimated Total Above Ground Sq Ft: 9840
  • Estimated Finished Sq Ft: 13740
  • Estimated Sq Ft: 13740
  • Estimated Lower Sq Ft: 3900
  • Estimated Main Sq Ft: 4920
  • Estimated Upper Sq Ft: 4920
  • Basement: Partial

Exterior Features

  • Foundation: Pour
  • Roof: Rubber
  • Siding: Brick

Garage/Parking

  • Parking: On Street

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas
  • Heat Type: Forced Air

Condo/Co-op/Association

  • Amenities: Smoke Detectors, Laundry Facilities

Schools

  • Elementary School: Fulton
  • Middle School: E. Roosevelt Middle
  • High School: Dubuque Senior

Lot Info

  • Parcel Id Number: 1024180034
  • Zoning: Multi-Residential

Rental Info

  • Owner Pays: Water, Trash
  • Tenant Pays: Gas, Water

Multi Family

  • Expenses Other: 9220
  • Number Of Units: 40

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2018 11/01/18 Sold $1,075,000 -2.3% $78 / Sq Ft
07/18/2018 07/18/18 Pending -- -- --
06/06/2018 06/06/18 For Sale $1,100,000 -- $80 / Sq Ft
Source: East Central Iowa Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Central Iowa Association of REALTORS®

MLS Number: 135724

East Central Iowa Association of REALTORS®