Listing Courtesy of: Nick Wallraff - Keller Williams 1 Advantage 319-777-8998

420 Water Street Center Point, IA 52213

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Other Residence
... Bed/Bath
5,108 Sq. Ft.

Property Activity

Time on Site
Days on Market
Last updated on 6/17/2024 12:13 AM
Hard to find 8 plex in Center Point IA. This property has one large 2 bedroom unit, three regular 2 bedroom units, and four 1 bedroom units. It also has a 1 stall garage. This building has great rental history. Tenants have been long term and the owner-manager has done a very good job placing tenant...s. Currently all but one apartment are occupied and the final apartment is undergoing renovations. Tons of updates and Capex improvements have been made by the current owner. This includes new kitchens, bathrooms, fixtures, etc. There is a laundry room on site that is plumbed and wired for two washers and two dryers. The owner was planning on installing a Shinepay/Smart Coin Box type system. Between the below market rents and the laundry addition this property has plenty of room to increase monthly income!" Continue reading
Property Type
Year Built
Square Feet
5,108 sq. ft
Lot Size
Public Sewer

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Listing Courtesy of: Nick Wallraff - Keller Williams 1 Advantage 319-777-8998
Albert Wright Page, License B62241000, Xome Inc., License FO5635000, albertw.page@xome.com, 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176

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. Copyright 2024, Cedar Rapids Area Association of Realtors
This content last refreshed on 6/17/2024 12:13 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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