616 W Boone St, Marshalltown, IA 50158

One, Two, Three, Four, Five!! This property contains 5 apartments and has a cap rate of 10.41%!! Presently, it has 5 renters, 3 of which are very long term. Rents are $575 to $700 and total $3,130/month. Some of the plusses are the following: metal roof (2017), half of the windows have been replaced, newer furnaces and AC's for each unit (2017-2021), sound-deadening ceilings, common area laundry, high-end security system, large storage area for the landlord, etc. Each unit comes with its own storage area and has separate heat/cooling bills paid by the tenants. Ample concrete parking and an additional lot (.21 acres) are also included. Call today to see this very wise investment!