520 Ave G, Fort Madison, IA 52627, USA
520 Ave G, Fort Madison, IA 52627, USABasics
- Date added: Added 3 months ago
- Category: MULTI-FAMILY (2-4 UNITS)
- Status: Active
- Bathrooms: 0
- Year built: 1871
- County: Lee
- Price Per SQFT: $47.73
- Municipality: Fort Madison
- MLS ID: 6311647
Description
-
Description:
Attention all potential investors! This stately brick home located near the site of the original Fort is currently being rented out as a tri-plex (100% occupancy), with potential for a 4th rental unit (plumbing pipes present but need hooked up). Many major expenses have already been done--expensive tuck pointing within last 2 years; new roof and hot water heater within last 5 years; and a new furnace in 2022! Each of the 3 current rental units are 1 BR, 1 bath with all kitchen appliances included. There is a nice-sized, open back yard with room for parking, in addition to on-street parking. Partial river view in some units. Minimal cosmetic work needed within the units. It potentially could be returned to a true townhome-style duplex with some renovation.
Show all description
Location
- Directions: Avenue G and 5th Street. Near old Sheaffer Pen factory and site of the Old Fort battlesite, downtown Fort Madison
Building Details
- Basement Total SqFt: 1257 sq ft
- Garage Stalls: 0
- Stories: 2 Stories
- Water: City Water/Connected
- Basement: Partial
Amenities & Features
- Style: Triplex
- Fireplaces: 0
- Exterior: Brick/Stone
- Heating: Forced Air
- Sewer: City Sewer/Connected
Miscellaneous
- Association: SEIA
- Yearly/Seasonal: Yearly
- Contingency: None
- Accessible: 52627, None
- Fuel: Natural Gas
Fees & Taxes
- Gross Taxes: $830.00
- Expense Electric: $1,729.00
- Expense Maintenance: 0