5063 & 5087 Main,
Oran IA, 50664
Description
This multi~family property will make a great addition to any investors portfolio. Good cash flow with 6 units bringing in $2,865\month. The property consists of a 5 unit apartment building, a 1 bedroom home and a 1,712 sq.ft. garage\storage building all on a large corner lot. The three main floor apartments each have 2 bedrooms, living room, kitchen, full bath and all share the basement with washer\dryer hookups. One 2nd floor apartment has 2 bedrooms with washer\dryer in the full bath. The other upstairs apartment is good size with 3 bedrooms, newer carpet and a stack washer\dryer in the full bath. The 1 bedroom, 1 bath, 560 sq.ft. rental house sits on its own parcel to the south of the 5~Plex. It has a full basement with washer\dryer hookups. Each tenant pays their own electric. Landlord pays gas, garbage, sewer and electric for the basement. Water is provided by a private well. Water softener plus iron curtain and brine injection system to prevent smells and rust are provided for 5~Plex and house both...
Details
| MLS# | 20204498 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1912 |
| Days On Site | 138 |
Features
| SQ Feet | 4,176 |
|---|---|
| Units | 6 |
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Learn More About This Property
| Area Information | |
|---|---|
| State | IA |
| County | Fayette |
| City | Oran |
| Zip Code | 50664 |
| Area | Fayette |
| Listing VS Median (in 50664) | |
Price: $149,500 low | high Med: $92,750 SqFt: 4,176 low | high Med: 2,476 $ / SqFt: $36 low | high Med: $41 On Site: 138 low | high Med: 72 | |
MLS Number: 20204498Listing Provided By:
Curt Martin of RE MAX Independence Realty