1110 Bartlett Street

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1110 Bartlett Street

Burlington, IA 52601
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building located in Burlington, Iowa
  • Property contains two distinct residential rental units
  • Positioned in the 52601 zip code area
  • Asset suitable for residential investment portfolios
  • Provides rental housing within a regional economy

What's Special

This two-unit multifamily apartment building sits at 1110 Bartlett Street in Burlington, Iowa. Situated in a community known for its position along the Mississippi River, the property serves as a stable residential asset within the local market. Burlington maintains a diverse regional economy supported by manufacturing, healthcare, and educational sectors, providing a consistent demand for rental housing across the city. Investors may find this property suitable for an addition to a residential portfolio or as an entry-level investment. Given the apartment layout, the asset is well-positioned for individual tenants seeking long-term living arrangements in this established neighborhood. The current configuration allows for straightforward management while capitalizing on the ongoing need for quality rental options in the 52601 zip code.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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