Here's a great investment opportunity for a fully rented 4-plex located near downtown West Union. There are two 1-bedroom apartments and two 2-bedroom apartments. Gross monthly income is $2,400 with tenants paying for their own separately metered electric/heat. Current owners made the following improvements: refinished hard wood flooring, new bathroom fixtures, painted kitchen cabinets, updated electrical and added the separate meters and fixed a basement wall with additional support/concrete. 24 Hour notice needed before showing so call today to make an appointment for the near future.
West Union is located in Iowa. West Union, Iowa has a population of 2,585. West Union is more family-centric than the surrounding county with 39.27% of the households containing married families with children. The county average for households married with children is 27.2%.
The median household income in West Union, Iowa is $48,030. The median household income for the surrounding county is $50,973 compared to the national median of $69,021. The median age of people living in West Union is 39.3 years.
The average high temperature in July is 82.2 degrees, with an average low temperature in January of 7.8 degrees. The average rainfall is approximately 36.1 inches per year, with 38.1 inches of snow per year.