2901 Central Avenue, Dubuque, IA 52001
Local realty services provided by:CENTURY 21 Signature Real Estate
2901 Central Avenue,Dubuque, IA 52001
$3,700,000
- - Beds
- - Baths
- 32,809 sq. ft.
- Multi-family
- Active
Listed by: austin healey
Office: remax advantage
MLS#:153344
Source:IA_DBOR
Price summary
- Price:$3,700,000
- Price per sq. ft.:$112.77
About this home
Check out these GORGEOUS investment properties now available to add to your portfolio! Complete with 2 Large 3 Story Buildings totaling 28 Units plus a large parking lot with 40 plus spaces! These buildings have been completely renovated and remodeled all the way through, including all new water lines, new sewer lines, new electrical, new HVAC, new framing, new insulation, new windows, new plumbing, new roof, all new luxury cosmetics including, trim, doors, cabinets, appliances, light fixtures, plus a full sprinkler system and alarm system for both buildings! The apartments have a mix of 3 bedroom (3 units), 2 bedroom (16 Units), and 1 bedroom (7 units) plus two efficiency apartments to accommodate any size of tenants. All units are equipped with their own private laundry. Rent amounts vary from 600 to 1640 per month depending on size of unit. Currently 27 units are occupied with only 1 vacancy. Rents total approximately $30,500 per month when fully occupied. This property has a consistent rental history with a great cash flow for a potential investor. Buildings are completely code compliant per the city of Dubuque. Rental Inspections have all recently passed for 18 unit building. Rental Inspection for 10 unit building passed in 2021. Full rent rolls and financials available in associated docs. Old School Building Finished Sq Ft = 23,249. Old Convent Building Finished Sq Ft = 9,560. Tenants pay all utilities in all units. Owner Pays for Trash for buildings and electric for common areas. Sale Includes both 2887 Central and 2901 Central Avenue as well as the attached parking lot!
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Home facts
- Year built:1896
- Listing ID #:153344
- Added:49 day(s) ago
- Updated:December 12, 2025 at 05:05 PM
Rooms and interior
- Living area:32,809 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
Structure and exterior
- Roof:Asphalt/Composite Shingle
- Year built:1896
- Building area:32,809 sq. ft.
Finances and disclosures
- Price:$3,700,000
- Price per sq. ft.:$112.77
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