108 Neptune, Marathon, IA 50565

$159,000
2,688
SqFt
List Price
$159,000
Days on Market
12
Status
ACTIVE
MLS#
819419
Living Area
2,688
Lot Size (Acres)
0.32
Year Built
1972

Property Description

4-Unit Property. Exterior Parking. Great Investment Opportunity. Looking for your next investment opportunity? This 4-unit complex is fully occupied and is a great investment. There are two one-bedroom units and two two-bedroom units. All units have a living space, kitchen/dining, full bathroom, and either one or two bedrooms. 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: $1,800 There is room for shared laundry space that could contain a coin-operated washer and dryer. This yields approximately $100/month in the building adjacent. Tenant pay for: Water/Sewer Electric Garbage Pet: $20/month Owner pays for: Electric/Water/Sewer for Common Spaces: $200/month Insurance: $137.50/month Taxes: approx $722/year Lawn/Snow Removal: $75/month Security deposits will be included upon closing. There is ample exterior parking available for tenants.

Additional Information

Area
Surrounding Areas/Other Areas
Taxes
$722

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Northwest Realty.