Bought with Emily Swinford • Better Homes and Gardens Real Estate The Good Life Group
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Key Details
Sold Price $175,000
Property Type Multi-Family
Sub Type 4-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,800 sqft
Price per Sqft $62
MLS Listing ID 24-2444
Sold Date 02/14/25
Year Built 1890
Annual Tax Amount $1,636
Tax Year 2023
Property Sub-Type 4-Family
Property Description
Welcome to this incredible real estate investment opportunity in Glenwood, Iowa! This 4 plex property boasts a rent roll of $3500+ with separate electrical meters for each unit. The potential to increase rents and implement RUBS (Ratio Utility Billing System) makes this an enticing value-add opportunity for any savvy investor. Don't miss out on the chance to capitalize on this promising income-generating property in a desirable location.
Location
State IA
County Mills
Area Area 12
Interior
Heating Hot Water, Window A/C
Cooling Hot Water, Window A/C
Building
Lot Description 12600sqft
Story 2.0
Schools
Elementary Schools Glenwood
Middle Schools Glenwood
High Schools Glenwood
School District Glenwood
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