102 S Davis Street, Ottumwa, Iowa 52501

IA, Ottumwa
$75,000
  • 2,187
  • Residential Income Property Type
  • 1920 Year Built
  • Pending Status
Property Description
Step 1- Call your financial institution and get a pre-approval letter. Step 2- Call a Realtor. Step 3- Start making money month 1 on this investment property. Owner is also selling 131 N Willard Ottumwa IA 52501 Discover an incredible investment opportunity with this triplex, generating a steady monthly gross income of $875 per month on the upstair units. Downstairs unit is not currently generating income. This property offers a great return on investment and is perfect for both seasoned investors and those new to real estate. Property Details: -1st floor Unit Occupied but no current income, tenant manages owners rental properties -2nd floor Efficiency apartment $450 -2nd floor 1 bedroom $425 Expenses: -Owner pays water, trash, and gas service to heat a water heater. With mostly tenant-paid utilities for the building, this triplex offers a balanced blend of convenience and profitability. Don’t miss out on this fantastic opportunity to add a high-performing asset to your portfolio. Schedule a viewing today and take the first step towards financial freedom
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 6317578
  • Price: $75,000
  • Square Footage: 2,187
  • Year Built: 1920
  • Lot Area: 0.20 Acre
  • Status: Pending
  • Office Name: Ottumwa Realty
Features
  • Heating System Forced Air
  • Basement Unfinished
  • Architectural Style Triplex
  • Sewer City Sewer/Connected
Address Map
  • Country US
  • State IA
  • County Wapello
  • City Ottumwa
  • Zipcode 52501
  • Street: Davis
  • Street Number: 102
  • Street Suffix: Street
  • Longitude: W93° 34' 45''
  • Latitude: N41° 0' 7''
  • Directions: Head South off Finley on to Davis ST
  • Street Dir Prefix: S
Additional Information
  • Accessibility Features: None
  • Garage: 2
  • Lot Size Dimensions: 66X132
  • Number Of Units Total: 3
  • Previous Price: 80000
  • Stories: 2
  • Water Source: City Water/Connected
Financial
  • Tax Annual Amount: 906
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