215 E 2Nd Street Muscatine, IA 52761

1 / 4

View all 4 Photos

Map

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.