$157,000
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409 W Hempstead Fairfield, IA 52556
Triplex
Residence
5
Beds
3
Baths
...
Bed/Bath
1,940
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
Investors special--this triplex can bring in $2000 a month in rental income! Apt A downstairs is rented for $700 a mos and B (vacant) is $525/mos and C is $500/mos currently=$1725/mos. Apt B is vacant and C and A are rented on a month to month basis. With a little elbow grease, these roomy bright ap...ts have great potential and many charming features! Separate water & electricity meters for each apt but new furnace provides heat for whole house & is split three ways --to keep your tenants toasty warm! This corner lot property at Hempstead & 5th has mature trees --3 pear trees and a White Pine which add natural charm-plenty of room here to build a custom garage! Recent updates include new vinyl plank flooring in Apt C upstairs, while Apt B has new vinyl kitchen flooring. Exterior of the home & the wrap around deck have been completely painted in 2024. This is something you should definitely consider if you are looking for a great investment --schedule your tour today!
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MLS#
6323230
Property Type
Triplex
Bedrooms
5
Bathrooms
Year Built
1900
Square Feet
1,940
sq. ft
Price per Sq. Ft.
$80.93
Lot Size
0.12
Stories
2.0
Sewer
City Sewer
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