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$ 330,000
Est. payment | /mo
5,000 SqFt
$ 330,000
Est. payment | /mo
5,000 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $66
MLS Listing ID 1920544
Year Built 1920
Annual Tax Amount $3,668
Tax Year 2023
Lot Size 9,147 Sqft
Acres 0.21
Property Description
Great investment opportunity in the heart of New Albin! With the only public laundromat in town, this property offers onsite laundry for the tenants as well as additional income potential from the local community. This well-maintained 5-plex features four 2-bedroom, 1-bath units and one spacious 3-bedroom, 1-bath unit, offering solid rental income potential. Each unit provides comfortable living spaces with functional layouts, and the property has a strong rental history. Whether you're looking to expand your portfolio or start investing, this multi-family property is a smart choice with room for continued growth. Current rental income of $3,300/month.
Location
State IA
County Out Of State
Zoning Residential
Rooms
Basement None / Slab
Interior
Heating Lp Gas
Equipment Seller Owned: Dryer, Seller Owned: Washer, Seller Owned: Water Heater
Exterior
Exterior Feature Partial-Vinyl, (C) Stucco, Stucco/Slate
Building
Dwelling Type Apartment Building
Sewer Municipal Sewer, Municipal Water
New Construction N
Others
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