Calling all investors. Take a look at these 12 units, bringing over $10,000 a month with ROOM TO RAISE RENTS. 11 units are in one building, and the 12th unit is in a separate building with its own separate meters on that 12th unit, with laundry and garages and room to be raised a lot on rent. In the 11 unit building you will find 5, 3 bed room units and 6, 2 bedroom units. Each units is separate metered on electric. The kicker to that is both heating and cooling for the building are electric. Each unit is very nice and updated. There is coin operated community laundry for the building, with 2 washers and 2 dryers. That money is said to pay the water bill alone for the buildings water. There is a huge parking lot for tenants between the two buildings, that is part of this property as well. Super clean and dry Basement for storage. Call today and take a look. all information obtained from seller and public records.
Sold for $700,000 on 08/15/23
$700,000
208 E Church St, Marshalltown, IA 50158
29beds
11,647sqft
Multi Family
Built in 1945
-- sqft lot
$742,400 Zestimate®
$60/sqft
$819 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: August 16, 2023 at 07:13am
Listed by:
Gilbert Gonzales (641)691-2642,
RE/MAX Precision
Bought with:
Velazquez Sanchez, Laura
RE/MAX Concepts
Source: DMMLS,MLS#: 671312
Originating MLS: Des Moines Area Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 29
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric, Forced Air, Heat Pump
Cooling
- Central Air, See Remarks
Appliances
- Included: Dryer, Microwave, Refrigerator, Stove, Washer
Features
- See Remarks
- Basement: Unfinished
Interior area
- Total structure area: 11,647
- Total interior livable area: 11,647 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage, Two Car Garage
- Attached garage spaces: 2
Lot
- Size: 0.50 Acres
- Features: Rectangular Lot
Details
- Parcel number: 841835203013
- Zoning: res3+
Construction
Type & style
- Home type: MultiFamily
- Architectural style: See Remarks
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Block
- Roof: Rolled/Hot Mop
Condition
- Year built: 1945
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Water Available
Community & neighborhood
Community
- Community features: Laundry Facilities, See Remarks, Sidewalks
Location
- Region: Marshalltown
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Concrete