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This Four Plex shows an 9.8% return at this time. The tenants pay all utilities, and all are rented so you can walk in and start your investment. The bonus is that there is a vacant lot adjoining that the possibility exists to build another building or garages for the apartments. There is off street parking. Please allow sufficient time ahead for all showings as they are all occupied.
Price: $160,000.00
City, State, Zip: Central City, IA 52214
County: Linn
MLS Number: 20255384
Address: 506-512 Commercial Street.
Lot Size: 120 x 108
Total SqFt:
Year Built: 1900
Garage Type:
Garage Stalls:
Style:
Siding: Vinyl Siding
Roof: Asphalt
Parking: Parking Pad, None
Elementary: Central City
High School: Central City
Heating & Cooling:
Well & Sewer: Public Sewer
Outdoor Additions:
Special Notes: Corner Lot, Level
Area Notes:
Sale Notes:
Current Resident:
Mike McDonough