414,418-420,422 N Willow St Active

Paullina,IA 51046

$ 299000

9 Beds

5 Baths

1125 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Unit

Listing Status Active

Purchase Type For Sale

Square Footage 1,125 sqft

Price per Sqft $265

MLS Listing ID 826852

Bedrooms 9

Full Baths 5

Year Built 1975

Annual Tax Amount $1,256

Tax Year 2022

Lot Size 0.800 Acres

Property Sub-Type Multi-Unit

Property Description

5-Plex Property. All units are occupied. 414: (Green Home) 3 bed, 1 full bath. Baseboard electric heat, p-tac cooling unit, electric 20gallon water heater, LVP flooring, stove included, steel roof, updated vinyl sliders on most windows. Occupied and Rents for $700/mo.418: (Tan Home) 1 bed, 1 full. bath. Mini-split a/c unit. Occupied and Rents for $500/mo. 420: (Tan Home) 2 bed, 1 full. bath. Window a/c. Occupied and Rents for $675/mo. 422: (Blue Home) 1 bed, 1 full bath. Mini-split a/c unit. Updated unit. Vinyl Flooring. Occupied andRents for $500/mo. 424: (Blue Home) 2 bed, 1 full bath. Vinyl sliders for windows, not updated. Occupied and Rents for $600/mo.Seven Garage Units: Two are vacant. Four have updated doors and automatic openers. Yields $160/month Tenant Pays for their ownUtilities. Total Income = $3135/month Expenses = $612/month (Insurance, Property Taxes, Mowing, Snow Removal, Electric. Additional expenses are property mgmt, repairs/maintenance, renovations.

Location

State IA

County O’brien

Area Surrounding Areas/Other Areas

Zoning Res

Multi-Unit Info

Total Units 5

Unit 1 Information SqFt: 1021; Bedroom: 3; Bathroom: 1; FullBath: 1

Unit 2 Information SqFt: 562; Bedroom: 1; Bathroom: 1; FullBath: 1

Unit 3 Information SqFt: 563; Bedroom: 2; Bathroom: 1; FullBath: 1

Unit 4 Information SqFt: 830; Bedroom: 1; Bathroom: 1; FullBath: 1

Interior

Heating Baseboard

Cooling Window Unit,Other-See Comments

Exterior

Parking Features Detached

Garage Spaces 7.0

Building

Sewer City

Water City

View More
Favorite Go Tour