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Available

$238,000

101 Sparta , Marathon, IA 50565 (Buena Vista County)

Size: 1.66 Acres

Type: Residential Land

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Multi-Unit - Marathon, IA

8~Unit Property. Exterior Parking. Great Investment Opportunity. This 8~unit complex is a great investment. All 8 units are one bedroom, one bathroom. All units have a living space, kitchen/dining, full bathroom, and one bedroom. Market Rent Roll: $3,200. Actual Rent Roll: $3,200. There is a separate shared laundry space that contains a coin~operated washer and dryer. This is located in one of the buildings. This yield approximately $100/month. There is storage space in the opposite building of the laundry. Tenant pays for: Water/Sewer Electric. Pet: $20/month. Owner pays for: Electric/Water/Sewer for Common Spaces & Garbage: $200/month. Insurance: $275/month. Taxes: approx $3,401/year. Lawn/Snow Removal: $150/month. Security deposits will be included upon closing. There is ample exterior parking available for tenants...

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