106 N 1st St, Fertile, IA 50434

Building is fully leases and all tenants are current on their monthly rent. Building is under property management. Coin laundry could be added to building as there is a location for it. Most units have been recently updated, some included new flooring. Several new paint. Garage stalls are used on a first come basis. Mix of units, (1) 3bdrm, (1) 1bdrm, (3) 2bdrms. Income: Apt 1: Lease 4/23-10/23 $575/monthApt 2: Monthly moved in 7/21 $500/monthApt 3: Lease 4/23-4/24 $550/monthApt 4: Lease 5/23-4/24 $550/monthApt 5: Lease 4/23-4/24 $600/monthMonthly Income: $2775 Expenses: Tenants pay their own electric. Each unit has own electric water heater. Owner pays gas for heat forced air furnace. City of Fertile: $160/month (water/trash)House Electric: $30/monthBlackHills Energy: (Heat/Gas) $ 176/month averageTaxes: $924/yr