Bettendorf, IA 52722 2704 Magnolia Drive
$380,000



17 more

















Presented By: RE/MAX Concepts Bettendorf
Home Details
5-unit investment opportunity in Bettendorf. Updated units, recent roof and exterior improvements, all spacious 2-bedroom layouts, and one vacant unit providing immediate upside through lease-up. Opportunity to increase cash flow through basement finishing and rent optimization.
Presented By: RE/MAX Concepts Bettendorf
Interior Features for 2704 Magnolia Drive
Other Interior Features
Total Fireplaces
General for 2704 Magnolia Drive
Additional Parcels Y/NNo
Cap Rate9
CityBettendorf
CoolingCentral Air
CountyScott
Current UseMulti-Family
DirectionsSpruce Hills to magnolia Drive
Electric Expense
Fuel Expense
Gross Income54840
Insurance Expense6000
Lot Size Square Feet12012
MLS AreaBettendorf
MaintenanceExpense
Net Operating Income37557
Number Of Units Total5
Operating Expense17283
PossessionClosing
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusNew
Stories Count2
Tax Annual Amount6348
Tax Year2024
Tenant PaysAll Utilities
TownshipN/A
Trash Expense0
Water Sewer Expense0
Year Built1964
Exterior for 2704 Magnolia Drive
Building Area Total4500
Frontage TypePublic Road
Lot Dimensions106x110
Lot Size Acres0.25
Additional Details
Price History

SQFT • 4,500