Courtesy: McDonough Real Estate
319-465-4761
This Four Plex shows an 9.8% return at this time. The tenants pay all utilities, and all are rented so you can walk in and start your investment. The bonus is that there is a vacant lot adjoining that the possibility exists to build another building or garages for the apartments. There is off street parking. Please allow sufficient time ahead for all showings as they are all occupied.
Courtesy: McDonough Real Estate
319-465-4761
What a Deal! Two for the price of one! This lot contains a single-family slab home which has 560 SF of living space with two cozy bedrooms, kitchen, living room and full bath built in 1953. The other unit is a side-by-side duplex with a combined total of 1192 SF. Each side has 1 bedroom, full bath and the kitchen/living room area. There is off street parking also. The ROR is 8.5 % for this purchase.
Central City is located in Iowa. Central City, Iowa has a population of 1,197. Central City is more family-centric than the surrounding county with 33.97% of the households containing married families with children. The county average for households married with children is 31.95%.
The median household income in Central City, Iowa is $74,444. The median household income for the surrounding county is $70,360 compared to the national median of $69,021. The median age of people living in Central City is 35.6 years.
The average high temperature in July is 84.3 degrees, with an average low temperature in January of 10 degrees. The average rainfall is approximately 37.6 inches per year, with 28.3 inches of snow per year.
