214 Main St, Van Wert, IA 50262

5-plex in the town of Van Wert, Good cash flow. Also a maintenance room with garage and overhead door. 40 year guaranteed foam roof installed in 2013. Maintenance room has bathroom, bedroom, stove, refrigerator, microwave, and basement. This large area could be made into an additional unit with an attached garage. School bus stops out front. Apt 1, 2 bedroom rent $400 -- tenant pays everything except sewer and garbage. Apt 2, 1 bedroom rent $300 - tenant pays everything except sewer, water and garbageApt 3, 1 bedroom rent $300 - tenant pays everything except sewer and garbageApt 4. 2 bedrooms and 2 baths - used to be 2 apartments rent $300 tenant pays everything except $16.50 sewer and garbage .Aot 5, efficiency rent $300 tenant pays all everything except sewer and garbage. landlord expense $82.50 sewer $44.00 water, $118 garbage, and $42 electric for maintenance building & security light, tax and insurance. Total rent $1600 Total expense $521