Basics
- Date added: Added 7 months ago
- Category: MULTI-FAMILY (2-4 UNITS)
- Status: Active
- Bathrooms: 0
- Lot size: 8712 sq ft
- Year built: 1920
- County: Wapello
- Acres: 0.2 acres
- Price Per SQFT: $37.72
- MLS ID: 6317578
Description
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Description:
Step 1- Call your financial institution and get a pre-approval letter. Step 2- Call a Realtor. Step 3- Start making money month 1 on this investment property. Owner is also selling 131 N Willard Ottumwa IA 52501 Discover an incredible investment opportunity with this triplex, generating a steady monthly gross income of $875 per month on the upstair units. Downstairs unit is not currently generating income. This property offers a great return on investment and is perfect for both seasoned investors and those new to real estate. Property Details: -1st floor Unit Occupied but no current income, tenant manages owners rental properties -2nd floor Efficiency apartment $450 -2nd floor 1 bedroom $425 Expenses: -Owner pays water, trash, and gas service to heat a water heater. With mostly tenant-paid utilities for the building, this triplex offers a balanced blend of convenience and profitability. Donât miss out on this fantastic opportunity to add a high-performing asset to your portfolio. Schedule a viewing today and take the first step towards financial freedom
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Location
- Directions: Head South off Finley on to Davis ST
Building Details
- Garage Stalls: 2
- Stories: 2 Stories
- Water: City Water/Connected
- Basement: Unfinished
Amenities & Features
- Style: Triplex
- Fireplaces: 0
- Exterior: Vinyl
- Heating: Forced Air
- Sewer: City Sewer/Connected
Miscellaneous
- Association: SEIA
- Yearly/Seasonal: Yearly
- Contingency: None
- Accessible: 52501, None
- Fuel: Natural Gas
Fees & Taxes
- Gross Taxes: $906
- Net Taxes: $906
- Expense Electric: 0
- Expense Maintenance: 0