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    5063 & 5087 Main Street

    Oran, IA 50664
    • $149,500
    • STATUS: Active
    • ON SITE: 80 days
    • MLS #: 20204498
    UPDATED: 61 min ago
    $149,500
    • 0
      BEDS
    • 0.4
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,176
      SQFT
    • $36
      $/SQFT
    Type:
    Multi-Family
    Built:
    1912
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    This multi-family property will make a great addition to any investors portfolio. Good cash flow with 6 units bringing in $2,865/month. The property consists of a 5 unit apartment building, a 1 bedroom home and a 1,712 sq.ft. garage/storage building all on a large corner lot. The three main floor apartments each have 2 bedrooms, living room, kitchen, full bath and all share the basement with washer/dryer hookups. One 2nd floor apartment has 2 bedrooms with washer/dryer in the full bath. The other upstairs apartment is good size with 3 bedrooms, newer carpet and a stack washer/dryer in the full bath. The 1 bedroom, 1 bath, 560 sq.ft. rental house sits on its own parcel to the south of the 5-Plex. It has a full basement with washer/dryer hookups. Each tenant pays their own electric. Landlord pays gas, garbage, sewer and electric for the basement. Water is provided by a private well. Water softener plus iron curtain and brine injection system to prevent smells and rust are provided for 5-Plex and house both.

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    Listing information © 2020 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: 2020-11-23T23:53:19.417.

    Licensed in the State of Iowa.
    www.cedarvalleyhomesforsale.com/homes/109725523
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    5063 & 5087 Main Street Oran, IA 50664

    • Price: $149,500
    • Status: Active
    • Updated: 61 min ago
    • MLS #: 20204498
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.4
    Acres
    4,176
    SQFT
    $36
    $/SQFT
    1912
    Built
    County:
    Fayette
    Area:
    Fayette
    Elementary School:
    Wapsie Valley
    Middle School:
    Wapsie Valley
    High School:
    Wapsie Valley
    Property Description
    This multi-family property will make a great addition to any investors portfolio. Good cash flow with 6 units bringing in $2,865/month. The property consists of a 5 unit apartment building, a 1 bedroom home and a 1,712 sq.ft. garage/storage building all on a large corner lot. The three main floor apartments each have 2 bedrooms, living room, kitchen, full bath and all share the basement with washer/dryer hookups. One 2nd floor apartment has 2 bedrooms with washer/dryer in the full bath. The other upstairs apartment is good size with 3 bedrooms, newer carpet and a stack washer/dryer in the full bath. The 1 bedroom, 1 bath, 560 sq.ft. rental house sits on its own parcel to the south of the 5-Plex. It has a full basement with washer/dryer hookups. Each tenant pays their own electric. Landlord pays gas, garbage, sewer and electric for the basement. Water is provided by a private well. Water softener plus iron curtain and brine injection system to prevent smells and rust are provided for 5-Plex and house both.
    Exterior Features

    Exterior AluminumWood Lap Exterior Amenities Curbs/SidewalksPorch-Covered Garage Stalls 3 Garage Type Detached Lot Reg Lot Description Corner Lot Lot Dimensions 125' X 140' Off Street Parking Spaces 0 Parking On Street Road Frontage Hard Surface Road Roof Type Asphalt Siding AluminumWood Stories And Style 1 StoryApartments (5+ Units)

    Interior Features

    Basement Entrance-InsideEntrance-Outside Cooling Window UnitNone Heat Type Forced AirPropane Leased Laundry 2nd FloorDryer Hook-UpLower LevelWasher Hookup Sq Ft Down 1920 Sq Ft Main 2256 Sq Ft Second Level 1920 Sq Ft Third Level 0 Unit1 Bedrooms 2

    Property Features

    Assessed Value $87060 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 Propane Gross Income 2865 Gross Income Is Actual Gross Taxes $1536 Heat Separate By Unit No Heating Expense 470 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 MonthOver 9 Months Unit1 Rent 450 Utilities Available Elec Individual Meters Water Separate By Unit No Water Sewer Expense 150 Water Type Private Well Zoning None

    Listing provided courtesy of Curt Martin of Re/Max Independence Realty.


    Listing information © 2020 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: 2020-11-23T23:53:19.417.

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