Cash flow, Cash Flow with 3 one-bedroom apartments rented at $600 per month and one at $650 per month. Units have a new 5 YEAR Rental certificate from the city. The leases are all month to month with a good track record of full capacity. Many are long term renters with one renter calling this “home” for over 10 years. The roof was replaced 2 years ago. Owner pays water ($120), garbage ($60) and gas ($121) while renters pay electricity.
Basic Details
Property Type: Residential Income
Listing Type: For Sale
Listing ID: 6328245
Price: $140,000
Square Footage: 2,224 Sqft
Year Built: 1890
Lot Area: 0.21 Acre
Status: Sold
Office Name: Staley Real Estate
Property Sub Type: Quadruplex
Features
Heating SystemForced Air
BasementFull,Unfinished,Stone/Rock
SewerCity Sewer/Connected
Address Map
CountryUS
StateIA
CountyFranklin
CityHampton
Zipcode50441
Street: Central
Street Number: 518
Street Suffix: Avenue
Longitude: W94° 47' 58.5''
Latitude: N42° 44' 31.6''
Directions: At intersection of Hwy 65 and Hwy 3 in Hampton, head east on Hwy 3 for two blocks, property is located on the north side of Hwy 3.
