$215,000 $1,154 est/mo Sourced by Back At You

616 W Boone Street,Marshalltown, IA 50158

Marshalltown IA, 50158

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Description

One, Two, Three, Four, Five!! This property contains 5 apartments and has a cap rate of 10.41%!! Presently, all units are leased, 3 of which are very long term. Rents are $575 to $700 and total $3,130/month. Some of the plusses are the following: metal roof (2017), half of the windows have been replaced, newer furnaces and AC’s for each unit (2017-2021), sound-deadening ceilings, common area laundry, high-end security system, large storage area for the landlord, etc. Each unit comes with its own storage area and has separate heat/cooling bills paid by the tenants. Ample concrete parking and an additional lot (.21 acres) are also included. Call today to see this very wise investment!

Details

MLS#670498
Listing TypeFor Sale
StyleCondominium
Sub-TypeResale
StatusPending
Year1978
Days On Site410
Listing Provided ByFriedrich Iowa Realty | Mogard, Michael

Features

Bed(s)9
Bath(s) 5 Total
SQ Feet3,052
BasementY
Story(s)2
ZoningRES
The information is being provided by Des Moines Area Association of REALTORS®. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Des Moines Area Association of REALTORS®. All Rights Reserved.

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Listings Checked: 1 minute ago
StateIA
CountyMarshall
CityMarshalltown
Zip Code50158
AreaMarshalltown
Listing VS Median (in 50158)
Price:
$215,000
low | high
Med:
$125,000
91.860465116279% of Average
SqFt:
3,052
low | high
Med:
724
100% of Average
$ / SqFt:
$70
low | high
Med:
$173
95.085442631376% of Average
On Site:
410
low | high
Med:
21.000000
100% of Average
Sourced by Back At You
Listing Updated: May 22, 2024 at 11:41:37 PM PDT