4 Plex Building with 1 commercial space and 3) 1 bedroom apartments. 2 apartments were remodeled in 2019 and the commercial space was remodeled in 2025. Gross Income $19,200 Less $1,482 Property Taxes and $1,535 Annual Insurance net you a 10.8% cap rate at asking price. One owner is a Licensed Real Estate Broker in the State of Iowa.
Appliances
Electric Water Heater
Taxes
$1,482 Taxes
Water
Public
Year Built
Built in 1904
Property Type
Commercial - Business
Appliances
Electric Water Heater
Exterior
Brick
Includes
4
Lot Dimensions
24' x 88'
Lot Size
0.05 Acres
Miscellaneous
Building, Land, Basement
Parcel #
0406163033
Sewer
Public Sewer
Taxes
$1,482
Utilities
Internet
Utilities/Providers
Cable TV, Internet, Electric Water Heater
Water
Public
Year Built
1904
Zoning
Commercial