DON’T JUDGE A BOOK BY ITS COVER! Current owner has had this property for the past 40 years and has always had a positive cash flow. 100% occupied. Tenant pays their own electric and gas. Seller pays water/sewer and trash removal. All four units are one bedroom with a rental rate of $500 monthly. All leases are month to month.
Basic Details
Property Type: Residential Income
Listing Type: For Sale
Listing ID: 6320324
Price: $65,000
Square Footage: 2,920
Year Built: 1890
Lot Area: 0.13 Acre
Status: Sold
Office Name: Vandenberg Real Estate
Features
Heating SystemForced Air
BasementFull
Architectural StyleQuadruplex
SewerCity Sewer/Connected
Address Map
CountryUS
StateIA
CountyLee
CityKeokuk
Zipcode52632
Street: High
Street Number: 604 - 606
Longitude: W92° 37' 6.9''
Latitude: N40° 23' 54.9''
Directions: Main Street turn L (north) onto 5th Street to L onto High Street to units on the L.