This is a great investment opportunity for someone wanting to venture into the rental space or someone who is experienced. This property features three rental units. The first unit is a two story large two bedroom, one bath that features hardwood floors and fireplace. The second unit is a one bedroom, one bathroom that features a large bay window and hardwood floors, recent updates include new stove, new bathroom flooring, toilet and updated bathtub. The third unit is on the second level and is a recently remodeled one bedroom, one bath. The basement area has great potential to be turned back into a fourth unit, currently has plumbing for a kitchen, has a bathroom/shower and could be another two bedroom unit. The basement also features a laundry room for the entire building. The building does have a shared driveway with the neighbors through an easement. The building currently has a property manager that is willing to stay on with the property if the new owner would like. The units in this building do not stay empty for long and is a great income opportunity for anyone! Come see your new investment today!
Listed By
Agency Name: Ferris Real Estate
Agency Phone: 641-648-4040
Shown By
Agency Title: Trophy Properties & Auction
Agency Phone: (855) 573-5263
Estimated Payment
$ 479.51 per month $238.14 Principal & Interest $210.17 Property Tax $31.21 Homeowner's Insurance
515 Main Street | MLS# 6331706
This multi-family property located at 515 Main Street, Iowa Falls, IA 50126 is currently listed for sale with an asking price of $107,000. Search Iowa Falls real estate on www.trophypa.com today.