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27391728
27391729

605 Bluff Street, Dubuque, IA 52001 For Sale

SQ
IA FSBO
Judge Group LLC
Listed by Judge Group LLC
Unpriced
257 days on market
Updated 4 days ago

The Angels

Details
APN 1025207036
Property Type Multifamily
Sub Type Apartment Building
Square Footage 48,500
Net Rentable (SqFt) 48,500
Units 54
Cap Rate 12.00%
Occupancy 97%
Broker Co-Op Yes
Class B
Year Renovated 2022
Buildings 4
Stories 3
Acreage 1.220
Zoning R3
Parking Spaces 25 spaces
Parking per 1,000 SqFt 0.52
Investment Type Sale/Leaseback
Sale Condition For sale by owner

Multifamily | 12.00% CAP | 54 Units

Marketing description

The Angels

A golden opportunity is awaiting you to own a piece of history in Dubuque Iowa, with this one of a kind property. Great location, sound structure, recent renovations, diverse income but most importantly is the redevelopment opportunity approximately 2 blocks from the new upcoming University of Dubuque’s Butler College of Osteopathic Medicine.

This could be the best redevelopment project available in downtown Dubuque. Please contact us for more details.

Investment highlights

Address 605 Bluff St., Dubuque, IA 52001

Year Built 1876-1934

Land size 1.22 acres 3 city lots

Total square footage 48,500sf (4 buildings, 4 stories, 12,000/floor)

Other structures 2 story 500sf outhouse plus a lot on the bluff

Number of units 68 (54 in-use, 14 un-used)

Units’ breakdown 4 2BRs, 14 1BRs, 10STDs, 36SOR, 4COMs (10 Airbnb’s)

Parking spaces 25

Renovations 2015-2022

Listing Contacts

SQ
IA FSBO
Judge Group LLC
Listed by Judge Group LLC

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Additional Information

Name
Simon Qady
License
FSBO
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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