You must see this Mcgregor historical Victorian style home which has been converted into 8 separate units. This property is full of old world charm and still holds most of the original character. With 7 1-Bedroom and 1 2-Bedroom units this property has maintained 100% occupancy. Two of the units have been completely stripped and remodeled in 2021. All but 2 of the units are separately metered for electricity which the tenants pay. Some units have electric heat while most have hot water heat. Each unit has a wall or window AC unit along with a fridge and stove. There is off-street parking for each tenant as well. With the current housing shortage this is the perfect time to add to your rental portfolio or get into the rental market!
Sold for $318,000 on 03/31/23
$318,000
327 Kinney St, Mc Gregor, IA 52157
63beds
37baths
6,345sqft
5 OR MORE UNITS
Built in 1874
-- sqft lot
$351,000 Zestimate®
$50/sqft
$826 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: March 31, 2023 at 10:09am
Listed by:
Nathan Trappe 563-880-2222,
Allen Real Estate Company LLC
Bought with:
Nathan Trappe
Allen Real Estate Company LLC
Source: East Central Iowa AOR,MLS#: 145392

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 63
- Bathrooms: 37
Heating
- Hot Water, Other
Cooling
- Wall Unit(s), Window Unit(s)
Appliances
- Included: Refrigerator, Range
Features
- Basement: Partial
Interior area
- Total structure area: 6,345
- Total interior livable area: 6,345 sqft
- Finished area above ground: 5,211
Property
Parking
- Parking features: Off Street
Features
- Levels: Two
- Stories: 2
Details
- Parcel number: 3422457005
- Zoning: Multi Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5 OR MORE UNITS
Materials
- Wood Siding
- Foundation: Rock
- Roof: Asp/Composite Shingle,Rubber
Condition
- Year built: 1874
Utilities & green energy
- Gas: Propane
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Mc Gregor
HOA & financial
Other financial information
- Total actual rent: 3790
Other
Other facts
- Listing terms: Cash