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Residential For Sale

616 W Boone Street, Marshalltown, Iowa 50158

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Property Description

One, Two, Three, Four, Five!! This property contains 5 apartments and has a cap rate of 10.41%!! Presently, all units are leased, 3 of which are very long term. Rents are $575 to $700 and total $3,130/month. Some of the plusses are the following: metal roof (2017), half of the windows have been replaced, newer furnaces and AC’s for each unit (2017-2021), sound-deadening ceilings, common area laundry, high-end security system, large storage area for the landlord, etc. Each unit comes with its own storage area and has separate heat/cooling bills paid by the tenants. Ample concrete parking and an additional lot (.21 acres) are also included. Call today to see this very wise investment!

Basic Details
Property Type : Residential
Listing Type : For Sale
Price : $215,000
Property Sub Type : Condominium
Status : Pending
Days On Market : 1
Year Built : 1978
Square Footage : 3,052 Sqft
Bedrooms : 9
Bathrooms : 5
Baths Total : 5
Features
Heating System : Forced air, Gas
Cooling System : Central Air
Basement : Unfinished
Security : Security System
Water/Sewer : Public Sewer
Construction
Roof Deck : Asphalt, Shingle
Foundation : Block
Style : Two Story
Zoning : RES
Other
Appliances : Built-in Oven,dishwasher,microwave,refrigerator,stove
MLSAreaMajor : Marshalltown
TaxAnnualAmount : $2,352
BuildingAreaTotal : 3,052 Sqft
Insurance Fee : $0
Taxes : $0
Listing Office Info
Listing ID : 670498
List Office MLSID : 318000008
List Office Name : Friedrich Iowa Realty
List Agent Email : mikemogard@gmail.com
List Agent Full Name : Mogard, Michael
List Agent MLSID : 318000779
Location
Street Number : 616
Street Suffix : Street
Street : W Boone
Country : US
State : IA
County : Marshall
City : Marshalltown
Zipcode : 50158
Longitude : W93° 4' 31.2''
Latitude : N42° 2' 41.9''
Parcel Number : 8418-34-277-006
Directions : https://goo.gl/maps/rsMdEeRHh6odYhWh6
Residential For Sale
  • Listing ID : 670498
  • Bedrooms : 9
  • Bathrooms : 5
  • Square Footage : 3,052 Sqft
  • Visits : 103 in 360 days
$215,000
Agent info
Matt Karjalahti
RE/MAX Partners Realty
932 Main St., Grinnell, IA 50012
Contact Agent

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