4-Unit Property. Well-Maintained. Updated. This 4-unit complex is a great opportunity. All four units are approximately the same size, with about 600 square feet each. The layout of each unit is also very similar... Living/Kitchen/Dining: 23x13, Carpet & LVP, includes Fridge, Stove, Microwave Bedroom 1: 10x11, Carpet, Closet Bedroom 2: 12x11, Carpet, Closet Full Bathroom: 5x8, LVP, Tub/Shower, Vent Two Closets for Storage There is a shared laundry space in the basement that contain a coin-operated washer/dryer. This yields approximately $150 per month for the owner. The tenants pay for their own electricity, while the owner pays for the garbage ($36/mo), water/sewer ($220/mo), and common space electric ($110/mo). The rental income for each unit is as follows: Unit 1 (Lower Level): $550/mo Unit 2 (Lower Level): $550/mo Unit 3 (Upper Level): $550/mo Unit 4 (Upper Level): $575/mo Security Deposits will be included upon closing. All units are currently rented and tenants plan and would like to stay. There are eight parking spaces, two for each unit.
Off market
$213,430
305 Southern St, Boyden, IA 51234
8beds
3,068sqft
MultiFamily
Built in 1976
-- sqft lot
$-- Zestimate®
$70/sqft
$987 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Interior area
- Total interior livable area: 3,068 sqft
Property
Features
- Exterior features: Other
Lot
- Size: 9,147 sqft
Details
- Parcel number: 0526452007
Construction
Type & style
- Home type: MultiFamily
Materials
- Other
- Roof: Shake / Shingle
Condition
- Year built: 1976
Community & neighborhood
Location
- Region: Boyden
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
- Property Features: Trees, Level Lot
- Heat Type: Baseboard
- Region: Surrounding Areas/Other Areas
- Sale/Rent: For Sale
- Status: Active
- Parcel Number: 0526452007
- Legal Description: OL2 N117' OF S134' MC CRUM'S ADD