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Key Facts

Type Triplex
Levels Residential Income
Size -
Garage No
Taxes $1,982
Days Active 239
Lot Size 
Approx. Age 1900
MLS® Number 20244715

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Investment Alert!! Check out this income producing property available in New Albin, IA. This property houses three newly updated apartments along with an event center and commercial kitchen. Updates include new flooring and appliances, new water heaters, furnace, AC and updated electrical and plumbing. Current rental income from the apartments totals $2200/month. The commercial side of the property consists of a bar area, commercial kitchen, covered patio. These was formally a successful bar and is now ready to rent out for events such as birthday parties or bachelor parties. Lots of potential areas to expand - The new owner could consider offering pizza and sandwiches for purchase from those using the splash pad or visiting town. How about opening for breakfast on the weekends? Or hosting a televised sporting event? Turn-key situation with the bar and kitchen. Letter of pre-qualification and minimum 24 hour notice required to view apartments.Show Description
MLS® Number20244715
Laundry LevelLaundry Closet
Central VacNo
FireplaceNo
Acreage0.14
Exterior
GarageNo
Approx. Age1900
BasementEntrance-Inside
DrivewayOn Street, None
Garage Spaces
Heat
A/CCentral Air
Heating Fuel

Extras

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