3 Beds
2 Baths
3,120 SqFt
3 Beds
2 Baths
3,120 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,120 sqft
Price per Sqft $91
MLS Listing ID 750201
Bedrooms 3
Three Quarter Bath 2
HOA Y/N No
Year Built 1940
Annual Tax Amount $1,872
Lot Size 6,534 Sqft
Acres 0.15
Property Description
6-Unit Apartment Complex | 5 - 1 Bedroom & 1 - 2 Bedroom Units/ 1 Bathroom Per Unit | Prime Downtown Proximity
Investors, take a closer look at this well-positioned 6-unit multifamily property located just one block from downtown in a quiet and established community. The property offers an attractive unit mix of six 1-bedroom, 1-bathroom apartments, creating a simple and manageable asset for both new and experienced multifamily investors.
Apartment 1 has been newly renovated, providing an immediate example of the property's improvement potential. The remaining units may offer additional opportunities for an investor to implement strategic updates, improve the overall property, and potentially increase rental income over time, subject to market conditions and applicable expenses. The property's proximity to downtown provides convenient access to local businesses, services, and community amenities while maintaining a quieter residential setting.
Additionally, there is a Charming Single-Family Home Near Downtown. Cozy 1-bedroom, 1-bathroom single-family home offering approximately 760 square feet of living space. Built in 1940, this one-story frame home offers classic character with a convenient location close to downtown.
Great potential for an owner-occupant or investment property
Both properties are being "SOLD" together.
Location
State IA
County Guthrie
Area Guthrie Center
Zoning MR R3
Interior
Heating Forced Air, Gas
Cooling Window Unit(s)
Flooring Carpet, Vinyl
Fireplace No
Exterior
Utilities Available Electricity Available, Natural Gas Available, Water Available
Roof Type Asphalt,Shingle
Private Pool No
Building
Sewer Public Sewer
Water Public
Schools
School District Guthrie Center
Others
HOA Fee Include Maintenance Grounds,Snow Removal,Trash
Tax ID 0001199500
Monthly Total Fees $156
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Schools and Properties Nearby