$266,000
●
Multifamily -
For Sale
1499 Bluff
Dubuque, IA 52001
Studio
0 Bath
3760 Sqft
$3,332
Estimated Monthly
$2,025
HOA / Fees
-9.05%
Cap Rate
About This Property
Presenting a well-maintained 3-unit building with an additional
commercial space, perfect for savvy investors looking to capitalize
on rental income. Each of the three spacious residential units
features 2 bedrooms and 1 bathroom, collectively generating $25,000
annually with potential for rent increases. Key Highlights:
Total Units: 3 residential + 1 commercial Annual Income:
$25,000 from apartments alone Unit Features: All residential units
2 bed / 1 bath Expenses: Tenants cover all their utilities and
expenses. Owner responsible for taxes, insurance, and some
utilities. Upside Potential: Opportunity to increase rental rates
for added revenue & renting out Commercial space. Don't miss out on
this excellent income-generating property with potential for
growth. Seller prefers to sell this property along with 1551
& 1571 Bluff.
The manager has listed the unit size as 3760 square feet.
The manager has listed the unit size as 3760 square feet.
Unit Size
3,760Ft²
Days on Market
28 days
Land Size
-
Price per sqft
$71
Property Type
Multifamily
Property Taxes
-
HOA Dues
$2,025
Year Built
1880
Listed By
Last updated: 27 days ago (DMLSIA #149444)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 17, 2024 | Listed by EXIT Realty Fireside | $266,000 | |
| Listed by EXIT Realty Fireside | |||
| Feb 1, 2022 | Sold | $160,000 | |
| Sold | |||
Property Highlights
Air Conditioning
Interior Details
Basement Information
Basement
Exterior Details
Exterior Information
Brick
1499 Bluff
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
In Contract
Multifamily
Stu
-
4,160 ft²
$56/ft²
$235,000
Apr 3, 2024
-
$1,210/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
11/29/2021
|
|
Studio
|
-
|
3760 ft²
|
$160,000
Studio
-
3760 ft²
|
$160,000
01/20/2022
|
-
|
Mike Vaupel
EXIT Realty Dubuque
|
Building Info
