$325,900

204 3Rd Street SW, Rake, IA 50465, US

Summary

Style: Apartment
Year Built: 1970

Moving Quotes

primary photo for 204 3Rd Street SW, Rake, IA 50465, US

Remarks

Turnkey 8-unit apartment with positive cashflow on Day 1 and additional upside. The deal includes two 4-unit buildings side-by-side on a 1.74 acre lot. All units have received recent updates including fresh paint, new flooring, and new plumbing. Many also have new kitchen cabinets and bathroom updates. Good tenants with in-house management in a nice, stable small town. Room for increasing rents without major updates. Call today for a showing!

Details

MLS#: 6319790
Price: $325,900

Style: Apartment
Year Built: 1970

County: Winnebago
Lot Size: Non-uniform lot shape. 628'x233'x22'x103'x120'x75'x337'
Tax Fee: 2358

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Broker Contact

1st Choice Realty
250 N Clark St
Forest City, IA, 50436
US
Mary Ann Farus
! 641-585-2404
! mary@fcrealty.com
! Website

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by NoCoast MLS
Last updated: 2025-03-22T21:01:33.000-04:00.
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