515 Main Street, Iowa Falls, Iowa 50126

IA, Iowa Falls
$102,000
  • 2,860 Sqft
  • Residential Income Property Type
  • 1914 Year Built
  • Active Status
Property Description
This is a great investment opportunity for someone wanting to venture into the rental space or someone who is experienced. This property features three rental units. The first unit is a two story large two bedroom, one bath that features hardwood floors and fireplace. The second unit is a one bedroom, one bathroom that features a large bay window and hardwood floors, recent updates include new stove, new bathroom flooring, toilet and updated bathtub. The third unit is on the second level and is a recently remodeled one bedroom, one bath. The basement area has great potential to be turned back into a fourth unit, currently has plumbing for a kitchen, has a bathroom/shower and could be another two bedroom unit. The basement also features a laundry room for the entire building. The building does have a shared driveway with the neighbors through an easement. The building currently has a property manager that is willing to stay on with the property if the new owner would like. The units in this building do not stay empty for long and is a great income opportunity for anyone! Come see your new investment today!
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 6337893
  • Price: $102,000
  • Square Footage: 2,860 Sqft
  • Year Built: 1914
  • Lot Area: 0.20 Acre
  • Status: Active
  • Office Name: Ferris Real Estate
  • Agent Name: Heather Schachtner
  • Property Sub Type: Triplex
Features
  • Heating System Boiler
  • Basement Full
  • Sewer City Sewer/Connected
Address Map
  • Country US
  • State IA
  • County Hardin
  • City Iowa Falls
  • Zipcode 50126
  • Street: Main
  • Street Number: 515
  • Street Suffix: Street
  • Longitude: W94° 44' 3.2''
  • Latitude: N42° 31' 18.8''
  • Directions: Main Street in Iowa Falls
Additional Information
  • Accessibility Features: None
  • Construction Materials: Vinyl Siding
  • Lot Size Dimensions: 66X132
  • Number Of Units Total: 3
  • Previous Price: 102000
  • Stories: 2
  • Water Source: Public
Financial
  • Tax Annual Amount: 2522
Map
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