INVESTMENT PROPERTY This is a converted six-unit property. Combination of Upper Iowa college housing and long-term tenants. Five units are 2 bed 1 bath, and one unit is a 3 bed 1 bath. Parking available for tenants along the side and back of the building. Washer/Dryer hookups available in each unit. Tenants are responsible for electric, water, and getting a PO Box for mail. Landlord is responsible for garbage and snow removal.
Off market
Zestimate®
$310,900
5 S Main St, Fayette, IA 52142
12beds
--sqft
MultiFamily
Built in 1950
-- sqft lot
$310,900 Zestimate®
$--/sqft
$823 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Baseboard, Electric
Cooling
- Wall
Appliances
- Included: Range / Oven, Refrigerator
- Laundry: Washer Hookup, Dryer Hook-up Electric
Features
- Basement: Block, Entrance-Inside, Entrance-Outside, Concrete, Floor Drain, Finished-Fully, Brick
Property
Parking
- Total spaces: 8
- Parking features: Off-street
Features
- Exterior features: Brick, Metal
Lot
- Size: 0.46 Acres
Details
- Zoning: M-1
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Flat, Membrane, Rubber
Condition
- Year built: 1950
Community & neighborhood
Location
- Region: Fayette
Other
Other facts
- Internet: Yes
- Sale/Rent: For Sale
- Status: ACTIVE
- BASEMENT: Block, Entrance-Inside, Entrance-Outside, Concrete, Floor Drain, Finished-Fully, Brick
- COOLING: Window Unit, Wall Unit
- FINANCE TYPE: Cash, Conventional
- PARKING: Gravel, Over 1 Space, Parking Area, Paved
- ROAD FRONTAGE: On Paved Road, Hard Surface Road, Paved Road Frontage
- Flood: C/X - Not in Flood Plain
- Water Type: City
- Sewer Type: City
- Fuel Type: Natural Gas
- Sale Type: Normal Sale
- Heat Separate By Unit: Yes
- Electric Separate by Unit: Yes
- DOCUMENTS ON FILE: Lead Paint Disclosure, Sellers Disclosure
- TENANT RESPONSIBLE: Electric, Water, Heat
- Occupied By: Renter
- Water Separate By Unit: Yes
- Reg/Irreg: Irreg
- TERMS OF TENANCY: Over 9 Months
- Gross Income: Projected
- Unit Stove 1: Yes
- Unit Stove 2: Yes
- Unit Refrig 1: Yes
- Unit Refrig 2: Yes
- Co-Op Comp Dual/Var Rate: Yes
- Unit Stove 3: Yes
- Unit Stove 4: Yes
- Unit Stove 5: Yes
- Unit Refrig 3: Yes
- Unit Refrig 4: Yes
- Unit Refrig 5: Yes
- How to Show: Appointment Only
- STORIES/STYLE: 1.5 Stories, Apartments (5+ Units), Split Level
- UTILITIES AVAILABLE: Garbage in Rent, Cable Paid by Individual, Separate Meters, Water Individual Meters
- Operating Expense: Projected
- Net Income: Projected
- LOT DESCRIPTION: Level
- HEAT TYPE: Electric
- LAUNDRY: Washer Hookup, Dryer Hook-up Electric
- ROOF TYPE: Flat, Membrane, Rubber
- EXTERIOR: Brick, Steel
- SIDING: Brick, Metal, Steel
- Zoning: M-1
- MLS Area: Fayette
- Region: Outside the Metro Area
- LA1Agent Phone1 CountryId: United States (+1)
- LA1Agent Phone2 CountryId: United States (+1)
- LA1Agent Phone3 CountryId: United States (+1)
- LO1OfficePhone1CountryId: United States (+1)
- Transmit to Zillow: Yes
- Parcel #: 1128103002
- Legal Description: Brief legal; PARCEL 'O' IN NW NW, RIVER AD. SURVEY BK 11 PGS 203-205