$580,000
$549,900
5.5%For more information regarding the value of a property, please contact us for a free consultation.
7,084 SqFt
SOLD DATE : 09/21/2023
Key Details
Sold Price $580,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,084 sqft
Price per Sqft $81
MLS Listing ID 2305562
Sold Date 09/21/23
HOA Y/N No
Total Fin. Sqft 7084
Year Built 1996
Annual Tax Amount $12,193
Lot Size 1.070 Acres
Acres 1.07
Property Sub-Type Multi Family
Property Description
Incredible investor opportunity for an 8 plex in wonderful condition. Well kept with 8 Garages as well. New roof, Siding, garage doors and insulation in 2020. Due to extended family illness' these units have not been actively managed for quite some time. 4 Units vacant. 3 Units on a month to month rent, and 1 unit on a 1 year lease. As such, this is a great opportunity for an investor to establish a rent base with wonderful profit potential. In addition, empty lot in rear of property perfect for another complex/parking or storage type of center. Listing at assessed value but value is in how well these has been kept.
Location
State IA
County Linn
Area Sw Quadrant
Zoning res 3+ U
Interior
Interior Features InteriorFeatures
Heating Forced Air
Cooling Central Air
Fireplace No
Laundry Common Area
Exterior
Parking Features Parking Space(s)
Water Access Desc Public
Total Parking Spaces 8
Garage Yes
Building
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Brick,Composite Siding,Frame,Vinyl Siding
Schools
Elementary Schools College Comm
Middle Schools College Comm
High Schools College Comm
Others
Tax ID 01519094-01007
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with eXp Realty