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ONLINE ONLY INVESTMENT REAL ESTATE AUCTION

  Status: Closed
 
This auction has closed

View all auctions in Iowa
Type:

Internet-only (timed) auction

By:

Fraise Auction & Real Estate

  Web
At:

619 Avenue F, Ft Madison, Iowa, 52627. USA. tel: 319-367-5744

Started:
14th May, 2020
Ended: 18th Jun, 2020
View: Iowa Auctions
Hide Auction Description

5-unit apartment building with a current monthly income of $1,850.00 (4 out of 5 units rented). The building consists of (4) 1-bedroom, 1 bath units and (1) 2-bedroom, 1 bath unit. There is one upstairs unit that is currently under construction and awaits the new owners finishing touches. Each unit has its own independent electrical 100-amp service panel. The building has an off-street lighted & paved parking area, common laundry room w/coin operated machines and security cameras at all exits. There have been many updates to the building including new roof, new entry doors, new siding and many new vinyl replacement windows, plus several of the units have been remodeled. Excellent Investment Opportunity!