Welcome to a prime investment opportunity! This well-maintained fourplex is hitting the market, offering a rare chance to own a property with all four units currently rented and producing consistent income. Situated in near the square and many other amenities, this property is an attractive option for investors looking to expand their portfolio or enter the rental market.
First time on the market, this income property is centrally located just 1 block off the southwest side of the Centerville Square. 2 units are efficiency units and remaining two are 1 bedroom/1 bath units. Central laundry is in the basement and can be made accessible to all tenants, up and down. All appliances are included in the sale. Large porch on both 1st and 2nd floors, 2nd floor tenants are separated with a privacy wall. Off street parking pad on both north and south side of building. Currently 2 of 4 units are occupied, generating $1025 monthly in rent, with the ability to generate $2050 monthly when fully occupied. Owner pays heat, water, garbage, tenant pays electric.
Albert Wright Page, License B62241000, Xome Inc., License FO5635000, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176
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Centerville is located in Iowa. Centerville, Iowa has a population of 5,503. Centerville is more family-centric than the surrounding county with 30.05% of the households containing married families with children. The county average for households married with children is 27.43%.
The median household income in Centerville, Iowa is $30,993. The median household income for the surrounding county is $40,377 compared to the national median of $57,652. The median age of people living in Centerville is 43.5 years.
The average high temperature in July is 85.4 degrees, with an average low temperature in January of 14 degrees. The average rainfall is approximately 39.2 inches per year, with 21.7 inches of snow per year.
