3567 KIMBERLY DOWNS RD Active

Davenport,IA 52807

$ 649900

- Bed

- Bath

9762 SqFt


Key Details

Property Type Single Family Home

Sub Type Residential Income

Listing Status Active

Purchase Type For Sale

Square Footage 9,762 sqft

Price per Sqft $66

Subdivision Kimberly Crest South

MLS Listing ID QC4263504

Maintenance Fees $3,792

Year Built 1966

Annual Tax Amount $18,812

Tax Year 2023

Lot Size 0.310 Acres

Property Sub-Type Residential Income

Property Description

11-unit brick apartment building in a strong Davenport location. Fully stabilized and cash-flowing with multiple recent capital improvements already taken care of. All units are 2-bed, 1-bath with updated interiors from last 4 - 5 years including flooring, paint, and updated kitchens and baths. Major updates include two new boilers (2021), water heater (2021), new electrical service panels (2021), and a full sprinkler system installed in 2022. Roof has also been recently replaced. Located just east of Brady and south of Kimberly, with quick access to I-74. An oversized 1.5 car garage, built in 2004, sits in the parking lot and offers opportunity for additional income. Solid building with the heavy lifting already done.

Location

State IA

County Scott

Area Qcara Area

Interior

Heating Baseboard,Electric,Natural Gas,Hot Water

Laundry Common Area

Exterior

View true

Roof Type Rubber

Building

Lot Description Level

Water Public Sewer,Public

Structure Type Brick

New Construction false

Schools

High Schools Davenport Central

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