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    122 E Jefferson Street

    Winterset, IA 50273
    • $375,000
    • STATUS: Pending
    • ON SITE: 6 days
    • MLS #: 633856
    Pending
    UPDATED: 110 min ago
    $375,000
    • 10
      BEDS
    • 0.13
      ACRES
    • 6
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1997
    County:
    Area:

    School Ratings & Info

    School District:

    Description

    Attention income property investors! If you have been looking for the perfect property to add to your existing portfolio or if you are a beginning investor looking to start investing in multi-family real estate, this is the ideal property for you. This property contains six units: four 2 BR and two 1 BR, with a gross annual revenue of $38,625 as of 12/31/20. The property has a number of tenants who have been residents for many years. There is potential for increased revenue generation for the units with the current market. The property is professionally managed by an outside property management company for a turnkey ownership experience. One could also self-manage the property to realize a higher cap rate and income potential. The property was built in 1997 and has been well maintained to minimize future potential maintenance costs. The location is extremely desirable, situated about one block off of the Winterset square with easy access of all the area's major amenities and services.

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    © 2021 Des Moines Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or EXIT Realty Capital City. Data last updated: 2021-07-27T00:21:42.62.
    www.exitrealtycc.com/homes/119511317
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    122 E Jefferson Street Winterset, IA 50273

    • Price: $375,000
    • Status: Pending
    • Updated: 110 min ago
    • MLS #: 633856
    10
    Beds
    6
    Baths
    0
    ½ Baths
    0.13
    Acres
    1997
    Built
    Neighborhood:
    Winterset
    County:
    Madison
    Area:
    Winterset
    School District:
    Winterset
    Property Description
    Attention income property investors! If you have been looking for the perfect property to add to your existing portfolio or if you are a beginning investor looking to start investing in multi-family real estate, this is the ideal property for you. This property contains six units: four 2 BR and two 1 BR, with a gross annual revenue of $38,625 as of 12/31/20. The property has a number of tenants who have been residents for many years. There is potential for increased revenue generation for the units with the current market. The property is professionally managed by an outside property management company for a turnkey ownership experience. One could also self-manage the property to realize a higher cap rate and income potential. The property was built in 1997 and has been well maintained to minimize future potential maintenance costs. The location is extremely desirable, situated about one block off of the Winterset square with easy access of all the area's major amenities and services.
    Exterior Features

    Architectural Style Two Story Foundation Details Block Levels Two Road Surface Type Asphalt Roof AsphaltShingle

    Interior Features

    Basement Finished Basement YN Yes Cooling Central Air Heating BaseboardElectricForced AirGas Heating YN Yes

    Property Features

    Electric On Property YN Yes Lease Considered YN No Listing Terms CashConventional Lot Size Dimensions 88 X 66 Owner Pays InsuranceTaxes Property Sub Type Multi Family Sewer Public Sewer Tax Annual Amount 8840 Tax Year 2019 Tenant Pays ElectricityGasWater Utilities Electricity AvailableNatural Gas AvailableWater Available Water Source Public Zoning Dc

    Listing provided courtesy of Madison County Realty. © 2021 Des Moines Multiple Listing Service.
    © 2021 Des Moines Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or EXIT Realty Capital City. Data last updated: 2021-07-27T00:21:42.62.
     
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