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Listing 48 out of 73
$165,000 For Sale

302-306 1/2 1st St. S.e.
Oelwein, IA 50662

5 units | Multi Family Home
9583 sq ft - MLS# 20180546
Property Photo
1/20

Description

This brick multi-family unit will make a great addition to any investor's portfolio. Good cash flow with 5 units bringing in $2, 200/month. All apartments are currently occupied with leases. The main floor offers three-1 bedroom apartments with each having a kitchen, living room, full bath, basement storage and washer/dryer hookups. There are two-2 bedroom apartments on the second floor with each featuring a spacious kitchen, living room, 1.5 baths, central air and washer/dryer hookups. All apartments are metered separately and tenants pay their own utilities. Landlord pays garbage only. Sitting prominently on a corner lot with off-street parking and a one-stall attached garage.

Features

  • Property Type: Multi Family Home
  • Sub Type: Five or More Units
  • Listing Status: Active
  • County/Area: Fayette County
  • Zip Code: 50662
  • Year Built: 1909
  • Elementary School: Oelwein
  • Middle School: Oelwein
  • High School: Oelwein
  • Sq.Ft.: 5,276 sq ft
  • Units: 5 units
  • Basement: Entrance-Inside, Floor Drain, Stone/Earthen
  • Garage: 1 Stalls
  • Lot Size: 9583 sq ft
  • Zoning: R-3
  • Cooling: Central Air
  • Electric Separate By Unit: Yes
  • Exterior: Brick
  • Exterior Amenities: Porch-Covered
  • Fuel Type: Natural Gas
  • Garage Type: Attached
  • Heat Separate By Unit: Yes
  • Heat Type: Forced Air, Gas
  • Laundry: 1st Floor, 2nd Floor, Dryer Hook-Up, Washer Hookup
  • Lot Description: Corner Lot
  • Lot Dimensions: 125' x 75'
  • Lot Sq Ft: 9375
  • Off Street Parking Spaces: 6
  • Parking: Over 1 Space, Paved
  • Property Taxes: $3417
  • Reg/Irreg: Reg
  • Road Frontage: Paved Road Frontage
  • Roof Type: Membrane, Asphalt
  • Sewer Type: City
  • Siding: Brick
  • Sq Ft 2nd Level: 2638
  • Sq Ft Down: 2638
  • Sq Ft Main: 2638
  • Stories/Style: 2 Stories, Apartments (5+ Units)
  • Tenant Responsible: Electric, Gas, Heat, Water
  • Unit 1: 302
  • Unit 2: 302+
  • Unit 3: 304
  • Unit 4: 306
  • Unit 5: 306+
  • Unit Baths 1: 1
  • Unit Baths 2: 1.5
  • Unit Baths 3: 1
  • Unit Baths 4: 1
  • Unit Baths 5: 1.5
  • Unit Bedrooms 1: 1
  • Unit Bedrooms 2: 2
  • Unit Bedrooms 3: 1
  • Unit Bedrooms 4: 1
  • Unit Bedrooms 5: 2
  • Utilities Available: Cable Paid By Individual, Elec Individual Meters, Garbage In Rent, Gas Individual Meters, Water Individual Meters
  • Water Separate By Unit: Yes
  • Water Type: City
Courtesy of Re/Max Independence Realty, Curt Martin

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