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Pending
  • $75,000

    102 S Davis St, Ottumwa, IA 52501

    --beds
    0baths
    2,187sqft
    : 
    Triplex
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $34/sqft
    $-- HOA

    What's special

    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. Don’t 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
    339 days
    on Zillow
    |
    7
    |
    0
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    Zillow last checked: 7 hours ago

    Listing updated: January 26, 2025 at 01:57pm

    Listed by:

    Derek Gates 641-683-7653,

    Ottumwa Realty

    Source: NoCoast MLS,MLS#: 6317578MLS LogoOriginating MLS: Southeast Iowa Regional MLS
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Forced Air
    Features
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,187 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 8,712 Square Feet
    • Dimensions: 66 x 132
    Details
    • Has additional parcels: Yes
    • Parcel number: 007417200166000

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Materials
    • Vinyl Siding
    Condition
    • Year built: 1920

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Connected

    Community & HOA

    Community
    • Subdivision: R S Smiths 4th Add
    Location
    • Region: Ottumwa

    Financial & listing details

    • Price per square foot: $34/sqft
    • Tax assessed value: $37,400
    • Annual tax amount: $906
    • Price range: $75K - $75K
    • Date on market: 5/22/2024
    • Total actual rent: 10500
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