300 E Buchanan Avenue, Fairfield, Iowa 52556

IA, Fairfield
$225,000
  • 3,696
  • Residential Income Property Type
  • 1993 Year Built
  • Pending Status
Property Description
Investment Opportunity: Discover this rare opportunity to own a solid income-producing 4-plex, built in 1993 and set on a generous 3-acre lot of green space. Each unit offers 2 bedrooms, 2 bathrooms, central air, separately metered, carport parking plus additional on-site parking, a private storage unit, and access to on-site laundry. With a mix of long-term tenants already in place, you can start earning rental income immediately. The property offers strong potential for cash flow and future appreciation. Listing brokerage is the current property manager. Whether you’re expanding your portfolio or diving into multi-family investing, this property is a mix of what you have been looking for.
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 6328660
  • Price: $225,000
  • Square Footage: 3,696
  • Year Built: 1993
  • Lot Area: 2.93 Acre
  • Status: Pending
  • Office Name: Fairfield Real Estate
  • Property Sub Type: Quadruplex
  • Roof: Shingle
Features
  • Heating System Forced Air
  • Basement None,Slab
  • Parking Gravel,Carport
  • Sewer City Sewer/Connected
Address Map
  • Country US
  • State IA
  • County Jefferson
  • City Fairfield
  • Zipcode 52556
  • Street: Buchanan
  • Street Number: 300
  • Street Suffix: Avenue
  • Longitude: W92° 2' 24.1''
  • Latitude: N40° 59' 36.7''
  • Directions: Go south on Hwy 1/Main St. Turn east on Buchanan. Building in on the south side.
  • Street Dir Prefix: E
  • Zoning: Residential-Multi-Family
Additional Information
  • Accessibility Features: No Stairs External,No Stairs Internal
  • Association Amenities: Laundry
  • Construction Materials: Frame,Stucco
  • Electric: Circuit Breakers
  • Lot Size Dimensions: 2.93 acres m/l
  • Number Of Units Total: 4
  • Previous Price: 225000
  • Stories: 1
  • Water Source: Public
Financial
  • Tax Annual Amount: 3920
Map
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