703 Bluff StDubuque, IA 52001

For Sale
$169,000

Turnkey investment: 3 units, immediate returns.

Overview

Added:
Dec 11, 2024
Days on market:
90
This historic three-story building, constructed in 1896, presents a unique mixed-use investment opportunity in Dubuque, Iowa. Located at 703 Bluff Street, this property boasts a total of three units: one commercial/retail space and two residential apartments. The building sits on a 2,200 square foot lot and is zoned for both commercial and residential use, offering flexibility for future development. Currently, the property enjoys full occupancy, with the office space renting for $695 per month, and the apartments renting for $675 and $595 per month respectively. The current owner is open to leasing the office space and providing a lease agreement to the new buyer, further enhancing the immediate cash flow potential. This property is ideally situated near Washington Park and the business district, offering convenient access to amenities and a vibrant community. The APN is 1025207023. This represents a compelling opportunity to acquire a piece of Dubuque's history and establish a strong, income-generating asset. The building's prime location and existing rental income make it an attractive addition to any investment portfolio or a perfect starting point for a new investor.

Highlights

  • $169,000 asking price.
  • Three-unit multifamily property with office/retail space.
  • Located in Dubuque, IA, at 703 Bluff Street.
  • Features one three-story building on a 2,200 sq ft lot.
  • Built in 1896, with Commercial/Residential zoning.

Property Details for 703 Bluff St

Property type
Other retail properties, Multifamily properties
Year Built
1896
Buildings
1
Stories
3
Units
3

Location Insight

City
Dubuque
County
Dubuque
State
Iowa
Latitude
42.499344
Longitude
-90.669134
703 Bluff St, Dubuque, Iowa

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703 Bluff St
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