18 S 5Th ST, Albia, IA 52531
18 S 5Th ST, Albia, IA 52531
18 S 5Th ST, Albia, IA 52531
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United Country Midwest Lifestyle Properties

United Country Midwest Lifestyle Properties

+1(608) 399-1013
Listed by Kayla McConnell RE/MAX Pride Ottumwa
$235,000
Est. payment /mo
5,208 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 5,208 sqft

Price per Sqft $45

MLS Listing ID NOC6339077

Maintenance Fees $1,000

Year Built 1974

Annual Tax Amount $2,246

Tax Year 2024

Lot Dimensions 132 x 66

Property Sub-Type Quadruplex

Property Description

Don't miss this excellent investment opportunity with this fully occupied 4-plex offering immediate rental income and long-term potential. The property features a desirable unit mix of two 3-bedroom, 1-bath units and two 2-bedroom, 1-bath units, appealing to a wide range of tenants. Each unit is equipped with its own washer and dryer, adding convenience and increasing tenant satisfaction. With a strong rental history and consistent occupancy, this is an ideal property for both first-time investors and seasoned landlords looking to expand their portfolio. Tenants enjoy ample off-street parking and a spacious shared courtyard complete with a basketball hoop and picnic table, creating a welcoming outdoor space for recreation and relaxation. Whether you're looking to grow your investment holdings or secure a reliable income-producing property, this well-maintained 4-plex is a rare opportunity to own a proven income-producing asset.

Location

State IA

County Monroe

Area 5208

Direction Head E on Benton Ave, turn R onto 5th St--apartments are on the L.

Rooms

Basement Finished

Interior

Heating Baseboard

Fireplace No

Exterior

View Y/N true

Accessibility None

Building

Story 2

Sewer City Sewer/Connected

Water Public

Structure Type Stucco,Brick

Schools

School District 81 - Albia

Others

Energy Description Electric

Acceptable Financing NOC6339077

Listing Terms NOC6339077

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United Country Midwest Lifestyle Properties

United Country Midwest Lifestyle Properties

+1(608) 399-1013

. License ID: 76296

. License ID: 76296

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