Turnkey rental property located by Simpson Campus in Indianola, IA. 135K. Five units, fully rented. Siding and roof replaced within last seven years. New front door with electronic code security lock. Multiple windows replaced within last year. Flooring replaced in 2 units in the last 6 months and repainted. Fifth unit completely remodeled in 2016. Many new appliances in the last 2 years.
Monthly income of $2,125. Cap rate of 11.0%. Great investment property. Reply for more information. Serious inquiries only please.
Off market
$202,200
104 E Boston Ave, Indianola, IA 50125
5beds
1,776sqft
MultiFamily
Built in 1900
-- sqft lot
$202,200 Zestimate®
$114/sqft
$1,324 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced air, Gas
Cooling
- Central, Other
Appliances
- Included: Refrigerator
Features
- Flooring: Carpet, Laminate, Linoleum / Vinyl
- Basement: None
- Has fireplace: No
Interior area
- Total interior livable area: 1,776 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage - Detached, Off-street
Features
- Exterior features: Vinyl
Lot
- Size: 9,147 sqft
Details
- Parcel number: 48020020160
Construction
Type & style
- Home type: MultiFamily
Materials
- Frame
- Foundation: Concrete
- Roof: Asphalt
Condition
- Year built: 1900
Community & neighborhood
Location
- Region: Indianola
Services availability
Get pre-qualified for a loan
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