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Listed by Brenda O'Neilof NextHome QC Realty
$ 260,000
Est. payment | /mo
2,087 SqFt
$ 260,000
Est. payment | /mo
2,087 SqFt
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
Square Footage 2,087 sqft
Price per Sqft $124
MLS Listing ID QC4269614
Year Built 1890
Annual Tax Amount $2,272
Tax Year 2024
Lot Dimensions 55 x 160
Property Sub-Type Two to Four Units
Property Description
Excellent Investment Opportunity--Fully Occupied Three-Unit Property in a Quiet Small-Town Setting. Discover a well-maintained three-unit apartment building featuring stable, long-term tenants and strong rental history. This solid income-producing property offers a low maintenance investment in a peaceful small-town location, making it an ideal addition to any real estate portfolio. Each unit is comfortably sized with practical layouts, and the property has been well maintained. With all units currently occupied, investors can enjoy immediate cash flow and the confidence of established tenant relationships. Whether you're expanding your portfolio or looking for you first multi-unit investment, this property delivers dependable returns and long-term potential.
Location
State IA
County Clinton
Interior
Heating Baseboard, Electric, Forced Air, Natural Gas
Cooling None
Fireplace Y
Exterior
View Y/N true
Building
Lot Description Level
Foundation Concrete Perimeter, Stone
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction false
Schools
High Schools Dewitt Central Comm
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