Property Description

Turnkey 8-unit apartment with positive cashflow on Day 1 and additional upside. The deal includes two 4-unit buildings side-by-side on a 1.74 acre lot. All units have received recent updates including fresh paint, new flooring, and new plumbing. Many also have new kitchen cabinets and bathroom updates. Good tenants with in-house management in a nice, stable small town. Room for increasing rents without major updates. Call today for a showing!

Features
: Forced Air
: City Sewer/Connected
Construction
Apartment
Other
Gravel
75,794.40 Sqft
$2,358
Electric Common,Heating Separate
$0
$0
Listing Office Info
6319790
29208
1st Choice Realty
bethanie@fcrealty.com
222650
Location
204
Street
3Rd
US
IA
Winnebago
Rake
50465
W94° 4' 37''
N43° 28' 57.1''
0116177001
SW
3rd St SW is gravel off of Grace St. Apartments on West side of 3rd St SW.

Commercial Sale For Sale

204 3Rd Street, Rake, Iowa 50465

1.74 Acre
Visits : 122 in 569 days
$325,900
Listing ID #6319790
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Price : $325,900
Status : Active
Days On Market : 359
Year Built : 1970
Lot Area : 1.74 Acre
Agent info
Matt Karjalahti
RE/MAX Partners Realty
932 Main St., Grinnell, IA 50012
Contact Agent

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