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204 3rd Street Sw

Rake, IA 50465

About this property

Turnkey 8-unit apartment with positive cashflow on Day 1 and additional upside. The deal includes two 4-unit buildings side-by-side on a 1.74 acre lot. All units have received recent updates including fresh paint, new flooring, and new plumbing. Many also have new kitchen cabinets and bathroom updates. Good tenants with in-house management in a nice, stable small town. Room for increasing rents without major updates. Call today for a showing!

About this property

Turnkey 8-unit apartment with positive cashflow on Day 1 and additional upside. The deal includes two 4-unit buildings side-by-side on a 1.74 acre lot. All units have received recent updates including fresh paint, new flooring, and new plumbing. Many also have new kitchen cabinets and bathroom updates. Good tenants with in-house management in a nice, stable small town. Room for increasing rents without major updates. Call today for a showing!

Features and Additional Information

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$325,900 Active
0 SQFT

Presented By Coldwell Banker Distinctive Properties

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Get in touch today! Phone: 1-208-734-6500
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1st Choice Realty
1-641-585-2404

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Listed By Bethanie Farus
Brokerage: 1st Choice Realty

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