Whether you're looking to expand your investment portfolio or purchase your first income-producing property, this triplex offers an excellent opportunity! With tenants already in place, this property provides immediate rental income from day one. The building features three units, including two main-level apartments?an efficiency unit and a one-bedroom unit?and a spacious two-bedroom apartment on the upper level. A new boiler installed in 2025 adds peace of mind for future ownership. Situated on a generous 0.48-acre lot, tenants can enjoy plenty of outdoor space, and the detached double garage offers additional storage or the potential for future rental income, as it has not previously been utilized by tenants. All utilities are currently included in the rent, making this a turnkey investment with room for future value-add opportunities. Don't miss your chance to start?or grow?your real estate portfolio with this solid income-producing property!
Listed By
Agency Name: Realty ONE Group Black Diamond
Agency Phone: 641-592-2665
Shown By
Agency Title: Trophy Properties & Auction
Agency Phone: (855) 573-5263
Estimated Payment
$ 425.14 per month $244.59 Principal & Interest $148.50 Property Tax $32.05 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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403 S 4th Avenue E | MLS# 6340028
This multi-family property located at 403 S 4th Avenue E, Lake Mills, IA 50450 is currently listed for sale with an asking price of $109,900. Search Lake Mills real estate on www.trophypa.com today.