This beautiful, well-maintained 3-unit home offers an excellent opportunity for investors or owner-occupants seeking rental income. Each apartment has been successfully rented as a short-term rental with consistent occupancy. Unit 1 features 1 bedroom and 1 bathroom with a cozy, functional layout and a lovely front deck; Unit 2 offers 2 bedrooms and 1 bathroom, providing a spacious and popular space for tenants; and Unit 3 is a 1-bedroom studio, ideal for solo renters and includes a great deck for enjoying the outdoors. The property sits on a large lot, with the owners having maintained 3 or more parking spots for tenant convenience. Each apartment is equipped with its own AC unit and furnace, refrigerator, stove and microwave, and washer and dryer. The appliances for each apartment will stay with the property. Recent updates include new gutters, downspouts, soffit, fascia, vinyl siding, and front/back porches in 2019; new appliances in 2020; ice breaks added to the roof, a new privacy fence, and new AC units in 2021. A property survey was completed in 2021 prior to the installation of the fence. The property also had a new metal roof installed around 2013. This turn-key property is ready to continue generating income in this quaint neighborhood.
Investment Duplex loaded with potential. Built as a side by side, 2 level, Duplex with full basements. 615 is currently rented with 3 bedrooms and 1 bath. 617 has 4 bedrooms and 1 full bath and is currently vacant ready for new owner to occupy or to select the new tenant. Large 3 car garage out back via alley. 1 garage stall for each tenant. 3rd garage stall could be rented separately with approx. 800 sq. ft. finished above to be used for a variety of uses; storage, studio, mancave. Contact a Realtor TODAY
LOOKING FOR COMMERCIAL SPACE? This stylishly remodeled building on North Court is an excellent opportunity for business-savvy entrepreneurs. The 2 UPSTAIRS APARTMENTS provide excellent supplemental income! The main floor features 2400sqft of space- previously used as a retail shop in the front. There is bonus space in the rear that can be accessed through the front shop, or a separate back entrance. This space has previously been used as a salon, and is plumbed for shampoo bowls. Both commercial spaces have access to their own restrooms and kitchenettes. The upstairs apartments are mirror images of each other. Each unit is 1200sqft, with 2 bedrooms and 1 bathroom. The entire building has updated electrical, plumbing, HVAC and more! This is an investment opportunity you don't want to miss!
Step 1- Call your financial institution and get a pre-approval letter. Step 2- Call a Realtor. Step 3- Start making money month 1 on this investment property. Owner is also selling 131 N Willard Ottumwa IA 52501 Discover an incredible investment opportunity with this triplex, generating a steady monthly gross income of $875 per month on the upstair units. Downstairs unit is not currently generating income. This property offers a great return on investment and is perfect for both seasoned investors and those new to real estate. Property Details: -1st floor Unit Occupied but no current income, tenant manages owners rental properties -2nd floor Efficiency apartment $450 -2nd floor 1 bedroom $425 Expenses: -Owner pays water, trash, and gas service to heat a water heater. With mostly tenant-paid utilities for the building, this triplex offers a balanced blend of convenience and profitability. Donâ??t miss out on this fantastic opportunity to add a high-performing asset to your portfolio. Schedule a viewing today and take the first step towards financial freedom
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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Ottumwa is located in Iowa. Ottumwa, Iowa has a population of 25,379. Ottumwa is less family-centric than the surrounding county with 24.33% of the households containing married families with children. The county average for households married with children is 26.47%.
The median household income in Ottumwa, Iowa is $48,198. The median household income for the surrounding county is $51,222 compared to the national median of $69,021. The median age of people living in Ottumwa is 37.7 years.
The average high temperature in July is 85.2 degrees, with an average low temperature in January of 13.6 degrees. The average rainfall is approximately 38.7 inches per year, with 24.8 inches of snow per year.
