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Off market
  • $201,800

    115 N Rerick Ave, Primghar, IA 51245

    6beds
    2,400sqft
    MultiFamily
    Built in 1975
    -- sqft lot
    $201,800 Zestimate®
    $84/sqft
    $1,140 Estimated rent

    Owner options

    List your home for rent

    $1,140/mo

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    $1,140/mo

    Rent Zestimate®

    Refinance and save

    $1,198/mo

    Est. payment

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    $1,198/mo

    Est. payment

    What's special

    4-Unit Property.  Ranch Multi-Family.  Investment Opportunity. This 4-unit complex is a great opportunity.  All four units are approximately the same size, with about 600 square feet each.  There are two One-Bed units and two Two-Bed units. Each have: Living: Carpet Kitchen/Dining: Vinyl Flooring, Laminate Countertops Bedroom 1: Carpet, Closet Bedroom 2 (if applicable): Carpet, Closet Full Bathroom: Vinyl Flooring, Tub/Shower Closets for Storage There is a separate shared laundry space in the building that contains a coin-operated washer/dryer.  These machines are leased with a company who maintains them and repairs them as well as collects the coins (lease is transferable). The tenants pay for their own electricity & garbage, while the landlord pays for the water, sewer & common space electric ($150/mo), lawn care & snow removal ($100/mo), and insurance ($110/mo) The rental income for each unit is as follows: Unit 1 (two bedroom): $475/mo Unit 2 (one bedroom): $400/mo Unit 3 (one bedroom): $400/mo Unit 4 (two bedroom): $450/mo Security Deposits will be included upon closing.  All units are currently rented. There is off-street parking spaces for the units.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Baseboard
    Cooling
    • Other
    Interior area
    • Total interior livable area: 2,400 sqft

    Property

    Lot
    • Size: 0.27 Acres
    Details
    • Parcel number: 0000236600

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1975

    Community & neighborhood

    Location
    • Region: Primghar

    Other

    Other facts
    • Property Class: Multi-Unit
    • Type: Multi-Unit
    • Driveway: Concrete
    • Fuel Type: Electric
    • Sewer Type: City
    • Water Type: City
    • Coin Op Wash Dry: Yes
    • AC Type: Window Unit
    • Heat Type: Baseboard
    • Region: Surrounding Areas/Other Areas
    • Sale/Rent: For Sale
    • Status: Active
    • Parcel Number: 0000236600
    • Legal Description: 36-96-41 REPLAT OF LOTS 1 & 2 OF LOT 1 AUD SUBD SE1/4 SE1/4 E 90' OF LOT D & S1/