IA
Muscatine
Muscatine
52761
215 E 2ND ST
215 E 2ND ST, Muscatine, IA 52761
Listing Type
commercial/industrial
Listing Status
active
4
$199,900

Home Details for 215 E 2ND ST

Price
$199,900
Type
D
Bedrooms
0
Bathrooms
5.0
Square feet
8400
Year built
1890
Lot size acres
0.06
County
Muscatine
Garage
Days on site
715
MLS Listing#
22-434
Listing courtesy: FIRST CHOICE REAL ESTATE - (563) 732-2600
Property Description

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: $4,516. Annual Net Income: $27,724. (13.8% cap rate on asking price.) 24 hour notice to show, no interior photos of apartments.

Property Features
  • Utilities
    • Cable TV
    • City Sewer
    • City Water
    • Electricity
    • Internet
    • Natural Gas
    • Water Heater
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Muscatine Board of Realtors.
EXIT REALTY GROUP
116 E. 3rd Street, Muscatine, IA 52761
Office
563 506 4902
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