This 3-Unit Investment property is a great opportunity for positive cash flow. One main level unit and two upper level units. Main level has 3 bedrooms, hardwood flooring, laundry and Newer water heater. Upper level has a 3 bedroom unit as well as a 1 bedroom unit. Each unit has it's own electric meter, furnace (1 newer) and water service. Exterior sewer line recently replaced.
Off market
$158,100
505 W Broadway Ave, Fairfield, IA 52556
--beds
0baths
3,165sqft
MultiFamily
Built in 1900
-- sqft lot
$158,100 Zestimate®
$50/sqft
$839 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Other, Gas
Cooling
- None
Features
- Flooring: Hardwood
Interior area
- Total interior livable area: 3,165 sqft
Property
Features
- Exterior features: Other
Lot
- Size: 8,712 sqft
Details
- Parcel number: 0626434008
- Zoning: R-3
Construction
Type & style
- Home type: MultiFamily
Materials
- Frame
- Foundation: Stone
- Roof: Asphalt
Condition
- Year built: 1900
Utilities & green energy
- Utilities for property: 0.00
Community & neighborhood
Location
- Region: Fairfield
Other
Other facts
- Property Type: Multi Family
- Roof: Other
- Util. Paid by Renter: Gas, Garbage, Water, Electricity, Internet, Cable/Satellite
- Lease Type: Net
- Sidewalk: Yes
- Siding: Other
- Road Surface: Hard Surface
- Total # of Units: 3
- Utilities: 0.00
- Available Date: 1800-01-01
- Lot Measurement: Acres
- Lot Square Footage: 8712.00
- Zoning: R-3
- Property Subtype 1: 3 Family
- Heat/Cooling: Gas Forced Air
- Features: Other/See Remarks
- Lot Dimension: 66x132
- APN: 0626434008
- Square Footage: 3165.00
- Maintenance: 82.00
- Annual Gross Income: 22500.00
- Price Per Acre: 636750.00
- Price Per Square Foot: 40.24
- Total Month Expense: 522.50