Basics
- Date added: Added 6 days ago
- Category: MULTI-FAMILY (2-4 UNITS)
- Status: Active
- Bathrooms: 0
- Lot size: 8712 sq ft
- Year built: 1900
- County: Wapello
- Zoning: Residential-Multi-Family
- Acres: 0.2 acres
- Price Per SQFT: $103.25
- MLS ID: 6323355
Description
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Description:
This beautiful, well-maintained 3-unit home offers an excellent opportunity for investors or owner-occupants seeking rental income. Each apartment has been successfully rented as a short-term rental with consistent occupancy. Unit 1 features 1 bedroom and 1 bathroom with a cozy, functional layout and a lovely front deck; Unit 2 offers 2 bedrooms and 1 bathroom, providing a spacious and popular space for tenants; and Unit 3 is a 1-bedroom studio, ideal for solo renters and includes a great deck for enjoying the outdoors. The property sits on a large lot, with the owners having maintained 3 or more parking spots for tenant convenience. Each apartment is equipped with its own AC unit and furnace, refrigerator, stove and microwave, and washer and dryer. The appliances for each apartment will stay with the property. Recent updates include new gutters, downspouts, soffit, fascia, vinyl siding, and front/back porches in 2019; new appliances in 2020; ice breaks added to the roof, a new privacy fence, and new AC units in 2021. A property survey was completed in 2021 prior to the installation of the fence. The property also had a new metal roof installed around 2013. This turn-key property is ready to continue generating income in this quaint neighborhood.
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Location
- Lot Description: Corner Lot,Tree Coverage - Light
- Directions: Follow Madison Avenue to Finley. House is on the corner of Finley and Schuyler.
Building Details
Amenities & Features
- Fencing: Vinyl
- Style: Triplex
- Fireplaces: 0
- Parking Characteristics: Driveway - Gravel,Gravel Lot
- Exterior: Vinyl
- Heating: Forced Air,Hot Water
- Sewer: City Sewer/Connected
Miscellaneous
- Association: SEIA
- Yearly/Seasonal: Yearly
- Contingency: None
- Accessible: 52501, None
- Fuel: Natural Gas
Fees & Taxes
- Gross Taxes: $917
- Net Taxes: $917
- Expense Electric: $132
- Expense Maintenance: 0