BEDS9
BATHS5 full
MLS#835022
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Investment property opportunity deserving serious consideration!! Total of 5 units within 3 separate buildings & all are rented. Your tenants have the benefit of available garage units for rent. Summary for each unit: #414: (Green home~south unit) 3 bedrooms, 1 full bath. Baseboard electric heat, p~tac cooling unit, stove & frig included, steel roof, updated vinyl sliders on most windows. Currently rents for $700/month. #418: (Tan home~center building) 1 bedroom, 1 full bath. Mini~split a/c unit. Currently rents for $550/month. #420: (Tan home~center building) 2 bedrooms, 1 full bath, window a/c unit. Currently rents for $675/month. #422: (Blue home~north building) 1 bedroom, 1 full bath. Mini~split a/c unit. Updated unit. Currently rents for $550/month. #424: (Blue home~north building) 2 bedroom, 1 full bath. Vinyl sliders for windows, not updated. Currently rents for $675/month. 7 garage units: two are vacant. Four have updated doors and automatic openers. Yields $160/month. Tenant pays their own utilities. Total Income = $3150/month (doesn`t include garage rental at $50 per unit). Expenses = $612/month (insurance, property taxes, mowing, snow removal, electric). Additional expenses are property management, repairs/maintence, renovations..
Property Features
Property Type: Multi Unit - Multiple
Cooling: Other-See Comments
Fuel Type: Electric
Garage: 7
Garage: Detached, Other-See Comments
Heating: Baseboard
Lot Size: 0.77 Acres
Taxes: $2,916
Year Built: 1975
Units
Unit Type 1:
Bedrooms: 3
Bathroom Full: 1
Rent: $700
Square Footage: 1021
Unit Type 2:
Bedrooms: 1
Bathroom Full: 1
Rent: $550
Square Footage: 562
Unit Type 3:
Bedrooms: 2
Bathroom Full: 1
Rent: $675
Square Footage: 563
Unit Type 4:
Bedrooms: 1
Bathroom Full: 1
Rent: $550
Square Footage: 830
Unit Type 5:
Bedrooms: 2
Bathroom Full: 1
Rent: $675
Square Footage: 511
Feature Descriptions
Days on Site: 5
Driveway: Crushed Rock
Lot: Level Lot
Parcel: 171800,171825,171850
Rental: Yes
Rental Income: 3150
Sewer: City
SQFT Main: 1125
Water: City
Zoning: Res
Local Schools
High School: Paullina
Middle School: Primghar
Elementary School: Primghar
Listed By / Shown By
Listed By
Agency Name: Northwest Realty
Agency Phone: 712-441-2229
Shown By
Agent Name: Kevin A. McManamy
Agent Phone: (712) 226-6000
Agency Title: United Real Estate Solutions
Estimate Your Payment
Estimated Payment
$ 2,054.59 per month $1,725.55 Principal & Interest $243.00 Property Tax $86.04 Homeowner's InsuranceChange Payment Information
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414,418-420,422 N Willow | MLS# 835022
This multi-family property located at 414,418-420,422 N Willow, Paullina, IA 51046 is currently listed for sale with an asking price of $295,000. Search Paullina real estate on kmcmanamy.unitedrealestatesolutions.com today.