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Sold for $270,000 on 10/12/23
  • $270,000

    206 E Hempstead Ave, Fairfield, IA 52556

    7beds
    4,000sqft
    MultiFamily
    Built in 1900
    -- sqft lot
    $283,600 Zestimate®
    $68/sqft
    $1,087 Estimated rent

    Owner options

    List your home for rent

    $1,087/mo

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    $1,087/mo

    Rent Zestimate®

    Refinance and save

    $1,477/mo

    Est. payment

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    $1,477/mo

    Est. payment

    What's special

    For sale by owner. Nice 4 plex located close to downtown and campus. Great cash flow and would be a good investment for investors, developers, or even a tenant desiring residual monthly income. There are 4 diverse, stylish apts, 7 bedrooms total. Current gross rent of $3000 per month. Apt A is the main level of the house = $825 Apt B is the lower level apt.=$700. Apt C upper apt= $850 and apt D is ground level, 1 bedroom, studio apt = $625. Owner pays utilities. Please give 24 hour notice for showings as we are having to notify 4 tenants.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Range / Oven, Refrigerator
    Features
    • Flooring: Tile, Carpet, Concrete, Hardwood, Linoleum / Vinyl
    • Basement: Finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 4,000 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Garage - Detached, Off-street
    Features
    • Exterior features: Wood, Wood products
    • Has view: Yes
    • View description: None
    Lot
    • Size: 8,712 sqft
    Details
    • Parcel number: 0625332005
    • Zoning: R

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Foundation: Concrete Block
    • Roof: Composition
    Condition
    • Year built: 1900

    Utilities & green energy

    • Utilities for property: 7080.00

    Community & neighborhood

    Location
    • Region: Fairfield

    Other

    Other facts
    • Property Type: Multi Family
    • Exterior: Frame
    • Appliances: Stove
    • Util. Paid by Owner: Electric, Garbage, Water
    • Heat/Cooling: Window A/C
    • Features: Fenced, Comon Util. Room
    • Lease Type: Net
    • Miscellanous: Security Deposit
    • Road Frontage: City/Town
    • Road Surface: Concrete
    • Siding: Wood
    • Sidewalk: Yes
    • Total # of Units: 4
    • Property Subtype 1: 4 Family
    • Possession: Closing
    • Lot Measurement: SqFt
    • # of Effic Studios: 0
    • Maintenance: 0.00
    • # of Sleeping Rooms: 0
    • Available Date: 1800-01-01
    • Less Operat. Expense: 0.00
    • Total Month Expense: 0.00
    • Lot Dimension: 66 x 132
    • APN: 02335900001000
    • Zoning: R
    • Lot Square Footage: 8712.00
    • Square Footage: 2408.00
    • Utilities: 7080.00
    • Annual Gross Income: 36000.00
    • Price Per Acre: 695000.00
    • Price Per Square Foot: 57.72