302-306 1/2 1st St. S.E.

    Oelwein, IA 50662
    • $165,000
    • STATUS: Active
    • ON SITE: 616 days
    • MLS #: 20180546
    UPDATED: 89 min ago
    $165,000
    • 0
      BEDS
    • 0.22
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,276
      SQFT
    • $31
      $/SQFT
    Type:
    Multi-Family
    Built:
    1909
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    This brick multi-family unit will make a great addition to any investors portfolio. Good cash flow with 5 units bringing in $2,200/month. All apartments are currently occupied with leases. The main floor offers three-1 bedroom apartments with each having a kitchen, living room, full bath, basement storage and washer/dryer hookups. There are two-2 bedroom apartments on the second floor with each featuring a spacious kitchen, living room, 1.5 baths, central air and washer/dryer hookups. All apartments are metered separately and tenants pay their own utilities. Landlord pays garbage only. Sitting prominently on a corner lot with off-street parking and a one-stall attached garage.

    Monthly Payment Calculator

    Listing information © 2019 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: 2019-10-17T13:53:29.17.
    www.cedarvalleyhomesforsale.com/homes/80596146

    302-306 1/2 1st St. S.E. Oelwein, IA 50662

    • Price: $165,000
    • Status: Active
    • Updated: 89 min ago
    • MLS #: 20180546
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.22
    Acres
    5,276
    SQFT
    $31
    $/SQFT
    1909
    Built
    County:
    Fayette
    Area:
    Fayette
    Elementary School:
    Oelwein
    Middle School:
    Oelwein
    High School:
    Oelwein
    Property Description
    This brick multi-family unit will make a great addition to any investors portfolio. Good cash flow with 5 units bringing in $2,200/month. All apartments are currently occupied with leases. The main floor offers three-1 bedroom apartments with each having a kitchen, living room, full bath, basement storage and washer/dryer hookups. There are two-2 bedroom apartments on the second floor with each featuring a spacious kitchen, living room, 1.5 baths, central air and washer/dryer hookups. All apartments are metered separately and tenants pay their own utilities. Landlord pays garbage only. Sitting prominently on a corner lot with off-street parking and a one-stall attached garage.
    Exterior Features

    Exterior Brick Exterior Amenities Porch-Covered Garage Stalls 1 Garage Type Attached Lot Reg Lot Description Corner Lot Lot Dimensions 125' X 75' Off Street Parking Spaces 6 Parking Over 1 SpacePaved Road Frontage Paved Road Frontage Roof Type MembraneAsphalt Siding Brick Stories And Style 2 StoriesApartments (5+ Units)

    Interior Features

    Basement Entrance-InsideFloor DrainStone/Earthen Cooling Central Air Heat Type Forced AirGas Laundry 1st Floor2Nd FloorDryer Hook-UpWasher Hookup Sq Ft Down 2638 Sq Ft Main 2638 Sq Ft Second Level 2638 Sq Ft Third Level 0 Unit1 Baths 1 Unit1 Bedrooms 1 Unit2 Baths 1.5 Unit2 Bedrooms 2 Unit3 Baths 1 Unit3 Bedrooms 1 Unit4 Baths 1 Unit4 Bedrooms 1 Unit5 Baths 1.5 Unit5 Bedrooms 2

    Property Features

    Assessed Value $153900 Documents On File Aerial PhotoLead Paint DisclosureLegal DescriptionSellers Disclosure Electric Separate By Unit Yes Finance Type CashConventional Flood C/X - Not in Flood Plain Fuel Type Natural Gas Gross Taxes $3254 Heat Separate By Unit Yes Multifamily Type Five Or More Units Occupied By Renter Region Outside The Metro Area Sale Type Normal Sale Sewer Type City Tenant Responsible ElectricGasHeatWater Terms Of Tenancy Over 9 Months Unit1 Rent 365 Unit2 Rent 515 Unit3 Rent 465 Unit4 Rent 390 Unit5 Rent 465 Utilities Available Cable Paid By IndividualElec Individual MetersGarbage in RentGas Individual MetersWater Individual Meters Water Separate By Unit Yes Water Sewer Expense 0 Water Type City Zoning R-3

    Listing provided courtesy of Curt Martin of Re/Max Independence Realty.
    Listing information © 2019 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: 2019-10-17T13:53:29.17.
     
    Amy Wienands Real Estate
    1730 W. Ridgeway Avenue
    Waterloo IA, 50701