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100 W 7th St Monticello, IA 52310
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Key Details
Sold Price $85,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,492 sqft
Price per Sqft $56
MLS Listing ID 2108281
Sold Date 03/23/22
HOA Y/N No
Total Fin. Sqft 1492
Year Built 1945
Annual Tax Amount $1,499
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Multi Family
Property Description
So much potential in this investment property! Downstairs opens up to a large lobby area with a kitchen and office space. The upstairs has great rental income with a 2 bedroom/1bath apartment. In the back there are two single car garages that could bring in separate income also. Full size basement with a washer and dryer and lots of room for storage. Property is on a busy corner lot and has access to the main road in Monticello with lots of traffic for a business. Large area for parking. With a little love this property could have great potential. Make sure to schedule your appointment for a tour today!
Potential 8.45% Cap. Previous rental income of $1450/month ($700 upstairs and $750 in the downstairs unit). Property also brings in $200/month in garage rent.
Location
State IA
County Jones
Area Ot-E (East Of I-380)
Zoning res/comm
Interior
Interior Features Storage
Heating Forced Air, Gas
Cooling Central Air
Fireplace No
Laundry Common Area
Exterior
Parking Features Parking Space(s)
Utilities Available Separate Meters
Water Access Desc Public
Total Parking Spaces 7
Garage Yes
Building
Foundation Basement
Sewer Public Sewer
Water Public
Structure Type Aluminum Siding,Frame,Vinyl Siding
Schools
Elementary Schools Monticello
Middle Schools Monticello
High Schools Monticello
Others
Tax ID 0221277014
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
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Bought with Keller Williams Legacy Group
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