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    103 S Lawler Street

    Postville, IA 52162
    • $240,000
    • STATUS: Active
    • ON SITE: 33 days
    • MLS #: 20210905
    UPDATED: 56 min ago
    $240,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,280
      SQFT
    • $29
      $/SQFT
    Type:
    Multi-Family
    Built:
    1949
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Amazing investment with potential for a better return. Mixed use - two commercial store fronts and 8 residential units with 6 currently rented boasting a phenomenal 17% gross return or $20,000 per door. The structure is built with mid-century quality. With a little ambition, could bring this to it's maximum potential, currently showing an annual income of $41,220. Letter of financial commitment and 72 hour notice prior to showings.

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    Listing information © 2021 Waterloo Cedar Falls Board of Realtors®. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not guaranteed accurate by the MLS. Data last updated: 2021-04-15T18:53:20.577.

    Licensed in the State of Iowa.
    www.cedarvalleyhomesforsale.com/homes/115043803
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    103 S Lawler Street Postville, IA 52162

    • Price: $240,000
    • Status: Active
    • Updated: 56 min ago
    • MLS #: 20210905
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    8,280
    SQFT
    $29
    $/SQFT
    1949
    Built
    County:
    Allamakee
    Area:
    Allamakee
    Elementary School:
    Postville
    Middle School:
    Postville
    High School:
    Postville
    Property Description
    Amazing investment with potential for a better return. Mixed use - two commercial store fronts and 8 residential units with 6 currently rented boasting a phenomenal 17% gross return or $20,000 per door. The structure is built with mid-century quality. With a little ambition, could bring this to it's maximum potential, currently showing an annual income of $41,220. Letter of financial commitment and 72 hour notice prior to showings.
    Exterior Features

    Exterior Brick Garage Stalls 0 Garage Type None Lot Reg Lot Dimensions 46X100 Off Street Parking Spaces 6 Parking Parking Area Road Frontage Hard Surface Road Roof Type MembraneRubber Siding Brick Stories And Style 2 StoriesApartments (5+ Units)

    Interior Features

    Basement Concrete Cooling None Heat Type Steam/Hot Water Laundry None Sq Ft Down 4140 Sq Ft Main 4140 Sq Ft Second Level 4140 Sq Ft Third Level 0 Unit1 Baths Yes Unit1 Bedrooms 1 Unit2 Baths Yes Unit2 Bedrooms 1 Unit3 Baths Yes Unit3 Bedrooms 1 Unit4 Baths Yes Unit4 Bedrooms 2 Unit5 Baths Yes Unit5 Bedrooms 1

    Property Features

    Additional Parcels YN No Assessed Value 99400 Documents On File Aerial PhotoLead Paint DisclosureSellers Disclosure Electric Separate By Unit Yes Finance Type CashConventional Flood C/X - Not in Flood Plain Fuel Type Hvac Gross Taxes 2988 Heat Separate By Unit No Heating Expense 4169.58 Multifamily Type Five Or More Units Occupied By Renter Region Outside The Metro Area Sale Type Normal Sale Sewer Type City Tenant Responsible Electric Terms Of Tenancy Month To Month Unit1 Rent 425 Unit2 Rent 365 Unit3 Rent 425 Unit4 Rent 550 Unit5 Rent 350 Utilities Available Elec Individual MetersGarbage in RentGas in RentWater in Rent Water Separate By Unit No Water Sewer Expense 4397.45 Water Type City Zoning C

    Listing provided courtesy of John Sweeney of Sweeney Real Estate.


    Listing information © 2021 Waterloo Cedar Falls Board of Realtors®. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not guaranteed accurate by the MLS. Data last updated: 2021-04-15T18:53:20.577.

    Licensed in the State of Iowa.
     
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    Amy Wienands Real Estate
    1730 W. Ridgeway Avenue
    Waterloo IA, 50701