101 Sparta, Marathon,
Iowa 50565
MLS # 821028
$299,000
- N/A
- 1
- 2526
- Active
General Description
8-Unit Property. Exterior Parking. Great Investment Opportunity. This 8-unit complex is a great investment. All 8 units are one bedroom, one bathroom. All units have a living space, kitchen/dining, full bathroom, and one bedroom. Market Rent Roll: $3,600 Actual RentRoll: $2,470 There is a separate shared laundry space that contains a coin-operated washer and dryer. This is located in one of the buildings. This yield approximately $100/month. There is storage space in the opposite building of the laundry. Tenant pay for: Water/Sewer Electric Pet: $20/month Owner pays for: Electric/Water/Sewer for Common Spaces & Garbage: $200/month Insurance: $275/month Taxes: approx $1694/year Lawn/Snow Removal: $150/month Security deposits will be included upon closing. There is ampleLegal: 01-00 MARATHON CORP. & LOTS 2&3 EX E16' OF LOT 3 AUD S/D OUTLOT 2 & N107' LOT 1 OUTLOT 3
Property Information
821028
$299,000
101 Sparta
Surrounding Areas/Other Areas
Marathon
Buena Vista
IA
Sale
Multi-Unit
2526
None
55
1976
1
50565
1694
LISTED BY
Exp Realty, LLC, Adam Doughan
PROPERTY LOCATION
MORTGAGE CALCULATOR
RE/MAX Experience
Licensed In Iowa, South Dakota, and Nebraska. Each Office Independently Owned and Operated.
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COMMUNITY
St. Luke's Unity Point - Children's Miracle Network
It is Miracle Miracle Homes month nationwide at RE/MAX. Did you know that a portion of all the Carlson Group's closings are donated to help kids in Sioux City and the Siouxland community at St. Luke's Unity Point? Learn more about how your home can be a MIRACLE HOME! Check out the Siouxland Magazine link to learn more about how you can impact children in need right here in Sioux City, IA!
The Warrior Hotel & Blue Bird Flats
The investment into downtown and entreprenuerial spirit in Sioux City has been on another level in recent years. In the January edition of Siouxland magazine, we highlighted the beautification through a pandemic in our inaugural installment of The Market Experience. Check out excerpts and insight into the art deco chique autograph collection property that is the Warrior Hotel and the beautiful resurgence of the Sioux City Motor Mart and Commerce Building now elegantly named Blue Bird Flats. Click link for the entire article!
Sioux City Musketeers golf tourney
The Re/MAX team recently played in the annual Sioux City Musketeers golf outing. Two Rivers Golf Course was in great shape and pro Rod Slater has put in significant effort in upgrading amenities. The Muskies are celebrating their 50th anniversary during the 2021-2022 season. The group Coach Strand brought in a next level class this year, with a number of players destined for the NHL. Travis Morgan is sure to have the Tyson Events Center ready to rock as Sioux City's beloved Musketeers take the ice. To learn more about the squad or grab tickets, click link.
