3 Story building in downtown Muscatine: Main Level 2,800 sq. ft. retail or office space currently leased to a long term tenant. ( Business is not for sale or included in the listing price.) The next 2 levels include: 1 bedroom/ 1bathroom apartment, 3 bedroom, 2 bathroom apartment and a 2 bedroom 1 bathroom apartment all with good rental history and current leases. Current Gross Annual Income: $34,740. Annual Insurance: $2,500. Annual Taxes: $4,660. Annual Net Income: $27,580. (11.07% cap rate on asking price.) 24 hour notice to show, no interior photos of apartments.
| Date | Price |
|---|---|
| -- | New Value: $249,000 |
| 12/14/2022 3:31:27 PM | New Value: $249,000 |
| 10/1/2022 2:01:29 PM | New Value: $259,000 |
| 9/7/2022 8:31:25 PM | New Value: $269,000 |
| 7/6/2022 7:02:00 PM | New Value: $279,000 |