- New Listing
- Price Reduced( )
Unique investment, flip or living opportunity. Stately 5 bedroom historic home, currently setup up as a tri-plex with an enormous three bedroom main living area and two one-bedroom apartments upstairs. Incredible cash flow or flip potential with this property. Per owner, Estimated repairs = $30K. Gross rent potential = $2,150/mo. Est ARV = $140K. Majestic original woodwork and built-ins add to the undeniable character of this rare and historic gem located near two schools, shopping and restaurants in a convenient part of West Davenport. With it's solid bones, dry basement and intact original finishes, it would only take someone with a little vision to restore this classic beauty back to her former glory. Current owner has already invested over $25K in repairs and upgrades. Property being sold as is.