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475 1st St NE, Primghar,
Iowa 51245

MLS # 821187

$169,000

  • N/A
  • 1
  • 2637
  • Active

General Description

This 4-unit complex is a great opportunity. All four units are approximately the same size, with about 600 square feet each. There are three One-Bed units and one Two-Bed unit. Each have: Living: Carpet Kitchen/Dining: Vinyl Flooring, Laminate Countertops Bedroom1: Carpet, Closet Bedroom 2 (if applicable): Carpet, Closet Full Bathroom: Vinyl Flooring, Tub/Shower Closets for Storage There is a separate shared laundry space in the building that contains a coin-operated washer/dryer. These machines are leased with a company who maintains them and repairs them as well as collects the coins (lease is transferable). The tenants pay for their own electricity &garbage, while the landlord pays for the water, sewer & common space electric ($150/mo), lawn care & snow removal ($100/mo), and insurance ($110/mo) The rental income for each unit is as follows: Unit 1 (one bedroom): $425/mo Unit 2 (one bedroom): $450/mo Unit 3 (two bedroom): $575/mo Unit 4 (one bedroom): $500/mo Security Deposits will be included upon closing. All units are currently rented. There is off-street parking spaces for the units.

Legal: 31-96-40 BEG 957' N & 246' E OF SW COR OF 31, E 125', S 264', W 125', N 264' TO BEG
Status: Active

Property Information

821187

$169,000

475 1st St NE

Surrounding Areas/Other Areas

Primghar

O’Brien

IA

Sale

Multi-Unit

2637

None

42

1975

1

51245

1515

LISTED BY

Exp Realty, LLC, Adam Doughan

PROPERTY LOCATION

MORTGAGE CALCULATOR


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Listed by : NORTHWEST REALTY, DEAN FJELD (712.324.5194)
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RE/MAX Experience - Licensed In Iowa, South Dakota, and Nebraska. Each Office Independently Owned and Operated.

RE/MAX Experience

Licensed In Iowa, South Dakota, and Nebraska. Each Office Independently Owned and Operated.

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