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.
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
What's special
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