INVESTMENT OPPORTUNITY! Cash flowing 5-plex, fully occupied, in a great small Iowa community with many great jobs within 15-20 minutes. Each unit is a 2 bed/1 bath and each unit has its own washer and dryer. The current Gross Revenue is $2,580 with rents needing and ready to be increased in 4 out of 5 units. Gross Potential Revenue is $2,900.
Off market
$310,200
105 N Monroe St, Monroe, IA 50170
--beds
5baths
3,715sqft
MultiFamily
Built in 1955
-- sqft lot
$310,200 Zestimate®
$83/sqft
$1,376 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 5
Heating
- Forced air, Gas
Cooling
- Central
Features
- 1st Flr Laundry, 2nd Flr Laundry
Interior area
- Total interior livable area: 3,715 sqft
Property
Lot
- Size: 6,468 sqft
Details
- Parcel number: 1736236003
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Asphalt
Condition
- Year built: 1955
Utilities & green energy
- Sewer: City
Community & neighborhood
Location
- Region: Monroe
Other
Other facts
- Air Conditioning: Central, Window Unit
- Basement Desc: Finished
- Style: Apartment Style
- Heat: Gas Forced Air, Electric Forced Air
- Property Type: Multi-Family
- Foundation: Concrete Block
- MLS: Des Moines
- Heat Source: Natural, Electric
- Roof: Asphalt Shingle
- Sewer: City
- Trim: Pine
- Water: City
- Driveway: Concrete
- Interior Features: 1st Flr Laundry, 2nd Flr Laundry
- Sellers Request: 0
- Last Change Type: Pending
- Geocode Source: PxPoint
- Included Items: Refrigerator, Stove, Dryer, Microwave, Washer
- Parcel Number: 1736236003
Services availability
Get pre-qualified for a loan
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