Great cash flowing investment property ready for a new owner. Completely brick 16 unit with a full basement, producing $127,000 in income annually with a 10% cap rate! The building has a new flat roof last year that comes with a 30 year transferable warranty. 14 units have new LVT floors, newer appliances, and fresh paint. It is completely separately metered, has an updated fire sprinkler system, and newly updated electrical. Call today to setup your showing. Or come to the prescheduled showing times, Saturday June 5th from 11am-1pm and Sunday June 6th from 1-2!
|Price Reduced from $1,000,000 to $900,000|
Drew Halvorson, BHHS Ambassador Real Estate.
© 2021 Southwest Iowa Association of REALTORS. (SWIAR). All rights reserved. Information deemed reliable, but not guaranteed. Information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Listing information last updated on September 19th, 2021 at 11:04am.