Located at 1022 South Bluff Street in a Quiet Residential Location, Is This Older Well Maintained 4 Plex. It Sits on 3 Oversized lots and Includes a LARGE Outlot on the Hillside Behind it As Well. Consisting of 4 Nice 1 Bedroom Units, and a 2 Car Garage, Carport, and Sheds for Storage, This Property Offers you the Chance to Rent to Good People and Offer Them a Quiet Community Setting. The Property has a Solid Rental History. The Tenants Pay Their Own Natural Gas Bills, and Electric Bills. The Owner Supplies the Water and Sewer.
All of the Units have High Efficiency Natural Gas Furnaces, and 3 Of the Units have Central Air. All Have had Replacement Windows Installed Over the Years and the Owner has Installed a Steel Roof for Low Maintenance. There is a Neat Side Yard for the Kids and Relaxing by the Residents, and a Beautiful Wooded View Out Back. All Appliances are Included.
Rents are Presently $350.00; $350.00; $375.00; $375.00 and the Garage Can Be Leased as Well. This Would Make a Monthly Gross Rent Return of $1500.00; OR $18,000.00 for the Year. Excellent Return. Ask Gary for a Detailed Showing.
Asking Just $169,000.00
Gary K. Willman Broker
PO Box 818
31663 Hwy 52
Guttenberg, Iowa 52052
Proudly Licensed in The State Of Iowa
Cell Phone 563-599-7196
Office Phone 563-252-1144
Office Fax 563-252-1151