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Key Details
Sold Price $318,000
Property Type Multi-Family
Sub Type 5 OR MORE UNITS
Listing Status Sold
Purchase Type For Sale
Square Footage 6,345 sqft
Price per Sqft $50
MLS Listing ID 145392
Sold Date 03/31/23
Style 2 Story
Year Built 1874
Property Sub-Type 5 OR MORE UNITS
Property Description
You must see this Mcgregor historical Victorian style home which has been converted into 8 separate units. This property is full of old world charm and still holds most of the original character. With 7 1-Bedroom and 1 2-Bedroom units this property has maintained 100% occupancy. Two of the units have been completely stripped and remodeled in 2021. All but 2 of the units are separately metered for electricity which the tenants pay. Some units have electric heat while most have hot water heat. Each unit has a wall or window AC unit along with a fridge and stove. There is off-street parking for each tenant as well. With the current housing shortage this is the perfect time to add to your rental portfolio or get into the rental market!
Location
State IA
Area North
Interior
Heating Hot Water, Other
Cooling Wall Unit, Window Unit
Exterior
Roof Type Asp/Composite Shingle,Rubber
Building
Foundation Rock
Schools
Elementary Schools Mfl - Mar Mac
Middle Schools Mfl - Mar Mac
High Schools Mfl - Mar Mac
Others
SqFt Source 2.0
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Bought with Allen Real Estate Company LLC