1735 Central Avenue
MLS ID #152977
Asking: $350,000
Type: Commercial
Address: 1735 Central Avenue
City: Dubuque
State: IA
ZIP: 52001
Area: Dubuque Area
Class: Commercial/industrial
County: Dubuque
General Information
Total # of Bath Areas: 5.00
Year Built: 1888
Price per Square Foot: $67
Lot Size: 1900 SF
Zoning: C-4
Parcel ID: 1024252025
DBA: N/A
Year Purchased: N/A
Subdivision / Legal: N/A
Income Rents: 48900
Income Sales: N/A
Income Other: N/A
Total Income: 48900
Expenses Insurance: 3054
Expenses Taxes: 2668
Expenses Utilities: 2300
Expenses Other: N/A
Total Expenses: 8022
Net Income: 40878
Features
Commercial Style: Three Story
Exterior Finish: Brick
Raised Docks: None
Ground Line Doors: None
Roof: Rubber
Basement: Full
Foundation: Rock
Electric Service: Other
Electric: Alliant
Fuel Type: Gas
Heating: Forced Air, Hot Water
Cooling: Central Air, Window Unit
Gas: Natural Gas
Water: Public
Sewer: Public
Flooring: Other
Extras: Other
Parking Surface: Other
Terms: Cash
Description
Investor Alert! Fully rented mixed use brick income property with one commercial space and four residential apartments. This is a well maintained and updated property that any investor should be proud to own. Commercial space address is 1735 Central Ave. Apartments are (3) 1 Bedroom, (1) 2 Bedroom and addresses are 1736 Heeb St #1 and #2 and 1738 Heeb St. #1 and #2. There are 5 electrical services, 5 water meters, and 2 gas meters. Commercial tenant pays $950 month rent and all utilities and has gas forced air furnace and central air. Apartment rents are $850, $675, $800, $800 and tenants pay own electrical, water, sewer, and garbage. Owner pays residential units gas and heat which is served by a hot water boiler. There are washer and dryer hookups in the apartments, tall ceilings on all floors, and a full basement. Free on street parking behind the building on Heeb St and on street metered parking in front.
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