NOT LISTED FOR SALE
-- Bed
-- Bath
12,084 Sq Ft
0.3 Acres

Last Sold September 24, 2019

Last sale price $465,000 $38 Per Sq Ft

1 Day on Market

About This Home

As of September 2019

Two (2) 100% occupied buildings with a total of 12 condominium units in central Davenport. All brick buildings feature very large two-bedroom one-bath 1,007 SF units with a great floor plan. Each unit was converted to condominiums for tax savings and flexibility to sell individually in the future. Many recent updates include new interior finishes and mechanicals. Parking lots in the front and rear of the property. Great opportunity for a stable investment and room to increase rents going forward. Please call the listing agent at 309-236-5489 with any questions.

Last Agent to Sell the Property

Alexander Kelly

NAI Ruhl Commercial Company License #475.134777/S60345000 Listed on: 05/06/2019

NAI Ruhl Commercial Company

Last Buyer's Agent

Alexander Kelly

NAI Ruhl Commercial Company License #475.134777/S60345000 Listed on: 05/06/2019

NAI Ruhl Commercial Company

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $9,500

Year Built

  • Built in 1959

Lot Details

  • 0.3

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Mid-Rise Condominium

Listing and Financial Details

  • Tenant pays for gas, electric, heating, cooling, water/sewer
  • The owner pays for real estate taxes, insurance, structural maintenance, internal maintenance, common area, trash, snow/lawn

Property Details

Property Type

Other

Est. Annual Taxes

$9,500

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Style: Mid-Rise
  • Sub Type: Multi-Family
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Common Hallway: Yes
  • Flooring: Carpeted, Tile/Vinyl
  • Total Sq Ft: 12084
  • Other Access: None
  • Estimated Lot Sq Ft: 13068

Exterior Features

  • Exterior Finish: Brick
  • Frontage Access: Paved 4Lane
  • Insulation: Roof, Side Walls
  • Roof Construction: Flat
  • Wall Construction: Brick, Frame

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Water Supply: Municipal/City

Association/Amenities

  • Amenities: Cable

Lot Info

  • Estimated Number of Acres: 0.3
  • Zoning: R

Rental Info

  • Common Laundry: Yes
  • Owner Pays: Real Estate Taxes, Insurance, Structural Maintenance, Internal Maintenance, Common Area, Trash, Snow/Lawn
  • Sale Lease Includes: Building, Land
  • Tenant Pays: Gas, Electric, Heating, Cooling, Water/Sewer
  • Terms Lease: N/A

Tax Info

  • Annual Taxes: 9500
  • Parcel Id Number Tax Id: Multiple
  • Tax Incentive: None
  • Tax Year: 2018

Multi Family

  • Total Number Units: 12

Range of Values:

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Average Value
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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
09/24/2019 09/24/19 Sold $465,000 -3.1% $38 / Sq Ft
05/07/2019 05/07/19 Pending -- -- --
05/06/2019 05/06/19 For Sale $480,000 -- $40 / Sq Ft
Source: RMLS Alliance

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC7040485

RMLS Alliance