Jan Jaeger
- Buy
- Sell
https://www.ruhlmortgage.com/BlakeEller.html
Description
Outstanding investor opportunity to add a high-performing, turnkey asset to your portfolio! Conveniently located in the heart of Blue Grass, this 8-unit multi-family property delivers steady, continuous cash flow from day one. Positioned just off Highway 61 and only ten minutes from the Quad Cities, the property benefits from a strong local rental demand and consistently low turnover. The building features clean, functional unit layouts designed for low-maintenance upkeep, alongside dedicated off-street parking for tenant convenience. On-site coin-operated laundry facilities provide additional income streams while enhancing property utility for residents. With its prime central location, established tenancy, and strong income history, 114 S Mississippi St is an ideal operational addition for both seasoned multi-family investors and portfolio builders.
General Information
Sqft: 5,952
County: Scott
MLS ID:
12712388
Shown By
Agent Name: Jan Jaeger
Agent Phone: (319) 759-8589
Co-Listed By
Agency Name: Ruhl&Ruhl REALTORS DeWitt
Agent Name: Adam Edstrom
Agency Phone: (563) 659-9433
Agency Phone Alt: (563) 659-9433 Office
Agent Phone: (563) 210-6814 Agent
Agent Email:
Get in Touch
Shown By
Agent Name: Jan Jaeger
Agent Phone: (319) 759-8589
Co-Listed By
Agency Name: Ruhl&Ruhl REALTORS DeWitt
Agent Name: Adam Edstrom
Agency Phone: (563) 659-9433
Agency Phone Alt: (563) 659-9433 Office
Agent Phone: (563) 210-6814 Agent
Agent Email:
Contact an agent to learn more about
114 S Mississippi Street, Blue Grass, IA 52726.
Mortgage Calculator
Call or Click to get Pre-Approved!
563-441-1862
toll free 866-441-1862
Customize Your Rate
| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $529,900 | $529,900 | $529,900 |
| Down Payment | $105,980 | $18,547 | $132,475 |
| Monthly Mortgage Amount | $2,679 | $3,246 | $3,327 |
| Taxes | $795 | $795 | $795 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $233 | $0 |
| Monthly Estimated Total | $3,629 | $4,429 | $4,277 |
About this area
About Blue Grass
Blue Grass, IA is a quaint town with a lot of charm and even more history. Located on the edge of both Scott and Muscatine counties, this small but thriving farming community has so much to offer. Located on Highway 61 about ten miles from Davenport, this beautiful town is a wonderful place to call home. Blue Grass is kind, welcoming and full of life. The cost of living here is low, while the median household income is one of the highest in Iowa.
With so much to see and do, residents in the area enjoy a diverse population in both age and demographics. Traffic on highways and roads is minimal, the nearest airport is about ten miles away, and if you want to see the coastline to catch some sun, it’s only about two hours away! The temperature and climate in the region are moderate and comfortable for most people—no matter where you’re moving from.
Just because Blue Grass is small, doesn’t mean it can’t pack a punch! There is so much to enjoy in the area—from the Blue Grass Drive-In Theater to visiting Buffalo Shores or the Clark’s Ferry Recreation Area. Burlington by the Book is the perfect place to stop before heading out on Historic U.S. Route 6 to take in the views and breathtaking rock formations that are featured throughout the region, and planning your move around the Great Mississippi Valley Fair is definitely recommended.
If you are ready to start your real estate buying or selling journey, browse the newest homes for sale in Blue Grass, IA. You can also contact us—we are here to help!
Nearest Ruhl & Ruhl Office: Davenport
4545 Welcome Way
Davenport, IA 52806
(563) 441-5100
Jan Jaeger
REALTOR®
Office: (319) 752-9933 ext. 106
Cell: (319) 759-8589
Licensed in IA
Burlington Office
403 South Gear Avenue
Suite 105
West Burlington, IA 52655
(319) 752-9933
Suite 105
West Burlington, IA 52655
(319) 752-9933
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