104 N Neptune, Marathon, IA 50565

$325,000
2,688
SqFt
List Price
$325,000
Days on Market
11
Status
ACTIVE
MLS#
818760
Living Area
2,688
Lot Size (Acres)
0.71
Year Built
1972

Property Description

Looking for your next investment opportunity? This 8-unit complex is fully occupied and is a great investment. There are four one-bedroom units and four two-bedroom units. Both buildings were built in 1972 and contain 2,688 square feet. All units have a living space, kitchen/dining, full bathroom, and either one or two bedrooms. Unit 104-1: 2 Bed, 1 Bath, $500/mo (effective 11/1) Unit 104-2: 1 Bed, 1 Bath, $400/mo (effective 11.1) Unit 104-3: 1 Bed, 1 Bath, $400/mo (effective 11.1) Unit 104-4: 2 Bed, 1 Bath, $500/mo (effective 11/1) Unit 108-1: 2 Bed, 1 Bath, $500/mo (effective 11/1) Unit 108-2: 1 Bed, 1 Bath, $400/mo (effective 11.1) Unit 108-3: 1 Bed, 1 Bath, $400/mo (effective 11.1) Unit 108-4: 2 Bed, 1 Bath, $500/mo (effective 11/1) Rent Roll: $3,600 There is a separate shard laundry space in one of the buildings (104) that contains a coin-operated washer and dryer. This yield approximately $100/month. Tenant pay for: Water/Sewer Electric Garbage Pet: $20 charge/month Owner pays for: Electric/Water/Sewer for Common Spaces: $200/month Insurance: $275/month Taxes: $1,444/year Lawn/Snow Removal: $150/month Security deposits will be included upon closing. There is ample exterior parking available for tenants.

Additional Information

Area
Surrounding Areas/Other Areas
Taxes
$1,444

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Northwest Realty.