Share this with your friends
+15156399998
Real Estate Company
422 8th Street, Boone, IA 50036
- $120,000
- 2
- BD
- 1
- BA
- 1,100
- SqFt
- List Price
- $120,000
- Status
- ACTIVE
- MLS#
- 748935
- Year Built
- 1920
- Bedrooms
- 2
- Bathrooms
- 1
- Living Area
- 1,100
- Region
- Boone
Property Description
INVESTOR PORTFOLIO OPPORTUNITY! Three occupied rental properties in Boone offered together for $220,000. The portfolio includes 1511 5th St, 422 8th St, and 1415 5th St. All three homes are currently occupied and feature 2 bedrooms and 1 bathroom. Combined rental income is $2,350/month, providing a strong 12.8% gross rent to purchase price ratio before expenses. A great opportunity for an investor looking to acquire multiple income producing properties in one transaction. All three properties are being sold AS IS. Please do not disturb tenants. Showings require appropriate notice.
Additional Information
- Street Name
- 8th Street
- Agent Id
- 35853
- Water
- Public
- Sewer
- Public Sewer
- Basement
- Unfinished
- Foundation
- Block, Brick/Mortar
- Garage
- Yes
- Roof
- Asphalt, Shingle
- Zip
- 50036
- Region
- Boone
- Style
- Ranch
- City
- Boone
- School District
- Boone
Mortgage Calculator
Listing courtesy of Keller Williams Realty GDM.
Data courtesy of the Des Moines Area Association of REALTORS