415 E Main Street, Montezuma, Iowa 50171

IA, Montezuma
$205,000
  • 2,798
  • Residential Income Property Type
  • 1900 Year Built
  • Active Status
Property Description
Looking for an investment property that cash flows almost immediately? Look no further. Located just a block from the Montezuma square this triplex is fully occupied. Monthly rent is currently $2,250 (Main level – 1 BR $650, 1 BR $700, Upper level – 3 BR $900). Tenants pay for their own utilities. The owner pays for mowing and snow removal. Parts of all three units have been updated within last 12 months with most notably new windows and renovated room in upper unit offering more living space. Each unit has a full bath, kitchen with owner-owned appliances, its own electric meter, HVAC system and laundry hookups. The building is well maintained with vinyl siding, metal roof, most of the windows have been replaced, circuit breaker panels, and HVAC systems. Profit/Loss provided upon request. Photos used to show layout – they do not reflect recent updates.
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 6328154
  • Price: $205,000
  • Square Footage: 2,798
  • Year Built: 1900
  • Lot Area: 0.20 Acre
  • Status: Active
  • Office Name: AE Realty, Inc
  • Property Sub Type: Triplex
  • Roof: Metal
Farm Details
  • Land Features: Corner Lot
Features
  • Heating System Forced Air
  • Basement Full
  • Parking Attached
  • Sewer City Sewer/Connected
Address Map
  • Country US
  • State IA
  • County Poweshiek
  • City Montezuma
  • Zipcode 50171
  • Street: Main
  • Street Number: 415
  • Street Suffix: Street
  • Longitude: W93° 28' 38.5''
  • Latitude: N41° 35' 8.1''
  • Directions: I80 to Hwy 63 south into Montezuma left on E Main St 4 blocks to property on left
  • Street Dir Prefix: E
  • Zoning: Business/Commercial
Additional Information
  • Accessibility Features: None
  • Construction Materials: Frame,Vinyl Siding
  • Electric: Circuit Breakers
  • Garage: 1
  • Lot Features: Corner Lot
  • Lot Size Dimensions: 66X132
  • Number Of Units Total: 3
  • Previous Price: 205000
  • Water Source: Public
Financial
  • Tax Annual Amount: 1724
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