518-520 Avenue G

MULTI-FAMILY (2-4 UNITS)IowaLee CountyFort Madison126520 Ave G, Fort Madison, IA 52627, USA

520 Ave G, Fort Madison, IA 52627, USA

520 Ave G, Fort Madison, IA 52627, USA
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    • Date added: Added 3 months ago
    • Category:
    • Status:
    • Bathrooms: 0
    • Year built: 1871
    • County: Lee
    • Price Per SQFT: $47.73
    • Municipality: Fort Madison
    • MLS ID: 6311647


    • 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.

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    • 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:

    Amenities & Features

    • Style: Triplex
    • Fireplaces: 0
    • Exterior: Brick/Stone
    • Heating: Forced Air
    • Sewer: City Sewer/Connected


    • 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

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    This style property is located in Fort Madison is currently and has been listed on 1st Rate Real Estate. This property is listed at $110,000.00. It has bedrooms, 0 baths bathrooms, and is . The property was built in 1871 year.

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