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$350,000
Est. payment /mo
3,932 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,932 sqft
Price per Sqft $89
MLS Listing ID 66908
Style 2 Story
HOA Y/N No
Originating Board Central Iowa Board of REALTORS®
Year Built 1972
Annual Tax Amount $4,487
Lot Size 0.440 Acres
Acres 0.44
Property Sub-Type Quadruplex
Property Description
IInvestor or House Hack Opportunity! This well-maintained 4-plex, located in the growing town of Gilbert, offers four spacious 2-bedroom, 1.5-bathroom units. 1 unit in this building is renovated and the rest are original finishes. Each unit features a private back deck or patio overlooking a wooded area for added privacy. Recent updates include a new roof, gutters, and flooring. The property also features a master lock system and a brick exterior ensuring durability with minimal maintenance. All utilities are separately metered, reducing landlord expenses. With Gilbert's strong rental demand, there's excellent potential to increase rents and maximize cash flow. Walking distance to Gilbert's highly rated school and charming Main Street is great for tenant retention. This prime multi-family property won't last long!
Location
State IA
County Story
Zoning res
Body of Water Public
Rooms
Basement None
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Exterior
Garage No
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
School District Gilbert
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Listed by RE/MAX REAL ESTATE CENTER
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