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Off market
  • $190,190

    106 Mechanic St, Fayette, IA 52142

    15beds
    5,648sqft
    MultiFamily
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $34/sqft
    $1,046 Estimated rent

    Owner options

    List your home for rent

    $1,046/mo

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    $1,046/mo

    Rent Zestimate®

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    $1,013/mo

    Est. payment

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    $1,013/mo

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    What's special

    INVESTMENT PROPERTY This is a converted eight-unit property. Primarily college housing for Upper Iowa University. Five units are 2 bed 1 bath, two units are 1 bed 1 bath, and 1 unit is 3 bed 1 bath. Paved off-road parking available in front and back of property, along with a grass yard. Tenants are responsible for electric. Landlord is responsible for water/sewer/garbage, snow removal, and lawn maintenance. Unfinished basement available from exterior. Common area coin-operated one washer one dryer available located on lower-level. New electrical panel installed 2022. Newly remodeled unit #7 April 2022.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 15
    • Bathrooms: 8
    • Full bathrooms: 8
    Heating
    • Baseboard, Electric
    Cooling
    • Wall
    Appliances
    • Included: Dryer, Range / Oven, Refrigerator, Washer
    • Laundry: 1st Floor, Dryer Hook-Up, Washer Hookup, Dryer Hook-up Electric, Hall
    Features
    • Flooring: Carpet, Linoleum / Vinyl
    • Basement: Unfinished
    Interior area
    • Total interior livable area: 5,648 sqft

    Property

    Parking
    • Total spaces: 14
    • Parking features: Off-street
    Features
    • Exterior features: Vinyl
    Lot
    • Size: 10,454 sqft
    Details
    • Parcel number: 1128104002
    • Zoning: M-1

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Foundation: Concrete
    • Roof: Shake / Shingle
    Condition
    • Year built: 1920

    Community & neighborhood

    Location
    • Region: Fayette

    Other

    Other facts
    • Internet: Yes
    • Sale/Rent: For Sale
    • Status: ACTIVE
    • COOLING: Window Unit, Wall Unit
    • FINANCE TYPE: Cash, Conventional
    • Flood: C/X - Not in Flood Plain
    • Water Type: City
    • Sewer Type: City
    • Fuel Type: Natural Gas
    • Sale Type: Normal Sale
    • Heat Separate By Unit: Yes
    • Electric Separate by Unit: Yes
    • SIDING: Vinyl
    • STORIES/STYLE: Over 2 Stories, Apartments (5+ Units), Multilevel
    • BASEMENT: Stone/Earthen, Entrance-Outside, Floor Drain
    • DOCUMENTS ON FILE: Lead Paint Disclosure, Sellers Disclosure
    • ROOF TYPE: Asphalt
    • TENANT RESPONSIBLE: Electric
    • UTILITIES AVAILABLE: Elec Individual Meters, Garbage in Rent, Water in Rent, Cable Paid by Individual
    • Occupied By: Renter
    • Reg/Irreg: Irreg
    • TERMS OF TENANCY: Over 9 Months
    • Gross Income: Projected
    • Unit Stove 1: Yes
    • Unit Stove 2: Yes
    • Unit Refrig 1: Yes
    • Unit Refrig 2: Yes
    • Co-Op Comp Dual/Var Rate: Yes
    • Unit Stove 3: Yes
    • Unit Stove 4: Yes
    • Unit Stove 5: Yes
    • Unit Refrig 3: Yes
    • Unit Refrig 4: Yes
    • Unit Refrig 5: Yes
    • How to Show: Appointment Only
    • ROAD FRONTAGE: Hard Surface Road, Paved Road Frontage
    • LAUNDRY: 1st Floor, Dryer Hook-Up, Washer Hookup, Dryer Hook-up Electric, Hall
    • PARKING: Parking Spaces, Parking Area
    • Operating Expense: Projected
    • Net Income: Projected
    • LOT DESCRIPTION: Level
    • EXTERIOR: Vinyl
    • HEAT TYPE: Electric
    • Zoning: M-1
    • MLS Area: Fayette
    • Region: Outside the Metro Area
    • LA1Agent Phone1 CountryId: United States (+1)
    • LA1Agent Phone2 CountryId: United States (+1)
    • LA1Agent Phone3 CountryId: United States (+1)
    • LO1OfficePhone1CountryId: United States (+1)
    • Transmit to Zillow: Yes
    • Parcel #: 1128104002
    • Legal Description: Brief legal; LOT 3 & S 18' LOT 2 & 21' ADJ ON W, BLK 23, ORIG FAYETTE