306 W Locust St

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306 W Locust St

Dubuque, IA 52001
Asking Price
$200K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Multifamily asset located at 306 W Locust St in Dubuque, Iowa
  • Property features a four-plex configuration for residential income generation
  • Current asking price for the investment is 199900 dollars
  • Situated within an established submarket of the Dubuque region
  • Building type is categorized as an apartment building asset

What's Special

Dubuque serves as a regional hub for business and industry in the tri-state area of Iowa, Illinois, and Wisconsin. This four-plex apartment building situated at 306 W Locust St benefits from a steady demand for residential housing in this established community. As a multifamily asset, the property provides investors with a straightforward opportunity to enter the local market or expand a current residential portfolio. Residential properties of this size in the area typically appeal to tenants seeking proximity to the downtown district and regional employment centers. The structure is configured to accommodate four separate units, offering a versatile layout for income generation. Given the consistent historical growth of the Dubuque metro area, this investment represents a practical addition for those focused on stable residential holdings.

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NOI
$80,000
Cap Rate
40.02%
DSCR
6.74
Strong
Cash-on-Cash
113.61%
Monthly Payment
$988.996
Annual Cash Flow
$68,132.046

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