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Melanie Cowan
Weber Real Estate
Centerville, IA 52544

641-437-1111
Contact Us

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Listing 19 out of 71
Sold for $87,500 Sold

317 W State
Centerville, IA 52544

Multi Family Home
4792 sq ft - MLS# 20165457
Property Photo
1/12

Sold

Sold for $87,500 on Sep 27, 2018

Description

Owner says bring me an offer on this 4 plex apartment at 317 W State St. This property has been meticulously maintained (new roof) and enjoys a near 100% occupancy rate, which is unheard of in the industry. There has been consistent income on this properties (income statements available upon request) and tax relief is continuing thru 2022 with the new multi-residential tax rollback. With a host of improvements and upgrades, coupled with this tax rollback, it can only equate to stronger income in the future. If you're looking for a solid local investment, you could be the next owner/investor.

Features

  • Property Type: Multi Family Home
  • Sub Type: Apartment
  • Listing Status: Sold
  • Listing Price: $107,900
  • County/Area: Appanoose County
  • Zip Code: 52544
  • Year Built: 1910
  • Sq.Ft.: 2,320 sq ft
  • Lot Size: 4792 sq ft
  • Zoning: Multi Family
  • Annual Gross Income: 19500.00
  • Common Features: Carpets
  • Cooling: Central A/C,Electric Forced Air
  • Exterior: Masonite,Other
  • Heating: Electric Forced Air
  • Lot Measurement: SqFt
  • Lot Square Footage: 5000.00
  • Net Annual Income: -19499.04
  • Roof: Composition
  • Schools: Central,Howar Jr High,Centerville High School
  • Total Month Expenses: 0.08
  • Util. Paid by Owner: Garbage,Water
  • Util. Paid by Renter: Electricity
  • Sold Price: 87500.00
  • Sold Date: 2018-09-27 00:00:00
Courtesy of Iowa Realty South Lakes, John Arnold


Weber Real Estate | 641-437-1111 | Contact Us 
208 N. 12th Street - Centerville, IA 52544
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