108 N Neptune, Marathon, IA 50565 (MLS # 819419)

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PRICE $150,000 dsIDX morgage calculator
BEDS 6
BATHS 4
HOME SIZE 2,688 sqft
LOT SIZE 13,940 sqft

4-Unit Property.  Exterior Parking.  Great Investment Opportunity. Looking for your next investment opportunity?  This 4-unit complex is fully occupied and is a great investment. There are two one-bedroom units and two two-bedroom units.  All units have a living space, kitchen/dining, full bathroom, and either one or two bedrooms. Market Rent Rates: Unit 108-1: 2 Bed, 1 Bath, $500/mo (effective 11/1) Unit 108-2: 1 Bed, 1 Bath, $400/mo (effective 11.1) Unit 108-3: 1 Bed, 1 Bath, $400/mo (effective 11.1) Unit 108-4: 2 Bed, 1 Bath, $500/mo (effective 11/1) Market Rent Roll: $1,800 Actual Rent Roll: $1,750 There is room for shared laundry space that could contain a coin-operated washer and dryer.  This yields approximately $100/month in the building adjacent. Tenant pay for: Water/Sewer Electric Garbage Pet: $20/month Owner pays for: Electric/Water/Sewer for Common Spaces: $200/month Insurance: $137.50/month Taxes: approx $722/year Lawn/Snow Removal: $75/month Security deposits will be included upon closing. There is ample exterior parking available for tenants.

DAYS ON MARKET 145 LAST UPDATED 4/10/2023
YEAR BUILT 1972 COMMUNITY Iowa-Other
COUNTY Buena Vista STATUS Sold
PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
AIR Window Unit(s)
AREA Iowa-Other
HEAT Baseboard, Electric
LOT 0.32 acre(s)
SEWER Public Sewer
TAXES 722
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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