1199 Central Avenue, Dubuque, IA 52001

This if one of the nicest, most up to date multi-family properties in the Tri-state area. This 11 unit building was totally renovated. It features the most maintenance free, sound proof apartments available. Tenants pay all utilities. Low taxes until 2041 because of a tax abatement. Apartments feature private laundry, high ceilings, exposed brick walls, solid surface counter tops, on-demand gas water heaters and many more amenities. Owner is willing to continue management and/or finish the build out of the last 3 apartments in the basement as part of the agreement which would increase the rent roll to $25,000+ per month. Floor plans attached and also show the 3 garden apartments- Two- 1 bedroom/1 bath & one Studio apartment- projected rents by seller are $1,600, $1,600, $1,100. No fire escape needed-stair wells are fire rated to 3rd floor. Insurance is reasonable since new wiring, plumbing, roof etc, very thick brick walls-according to owner if an apartment were to catch fire it … read more …