Lindsay Morhardt
- Buy
- Sell
https://www.ruhlmortgage.com/LawrenceDavis.html
Description
Looking for an investment property that can cash flow immediately? Look no further. Located just a block from the Montezuma square this triplex is fully occupied. Monthly rent is currently $2,200 (Main level - 1 BR $600, 1 BR $700, Upper level - 3 BR $900). Tenants pay for their own utilities. The owner pays for mowing and snow removal. Parts of all three units have been updated within last 24 months with most notably updates to main floor kitchen ('26), upstairs shower, kitchen floor and paint ('26), new windows and renovated third bedroom in upper unit offering more living space. Each unit has a full bath, kitchen with owner-owned appliances, its own electric meter, HVAC system and laundry hookups. The building is well maintained with vinyl siding, metal roof, most of the windows have been replaced, circuit breaker panels, and HVAC systems. Profit/Loss provided upon request.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Sqft: 2,798
County: Poweshiek
Listed By:
AE Realty, Inc
641-623-2639
No Coast MLS
MLS ID: 6339897
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415 E Main Street, Montezuma, IA 50171.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $189,000 | $189,000 | $189,000 |
| Down Payment | $37,800 | $6,615 | $47,250 |
| Monthly Mortgage Amount | $919 | $1,128 | $1,168 |
| Taxes | $263 | $263 | $263 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $83 | $0 |
| Monthly Estimated Total | $1,282 | $1,574 | $1,531 |
Lindsay Morhardt
REALTOR®
Cell: (563) 241-8092
Licensed in IA & IL
Clinton Office
301 North Second Street
Clinton, IA 52732
(563) 242-4602
Clinton, IA 52732
(563) 242-4602
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Listings courtesy of No Coast MLS as distributed by MLS GRID.
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