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18 S 5th Street, Albia, IA 52531

$250,000
  • 18 S 5th Street, Albia, IA 52531 Main Photo

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New to the Market Active
BEDS0 BATHS0 SQUARE FEET5,208 MLS#6339077
STATUS PROPERTY TYPEMulti Unit - Multiple

Property Description

Don't miss this excellent investment opportunity with this fully occupied 4-plex offering immediate rental income and long-term potential. The property features a desirable unit mix of two 3-bedroom, 1-bath units and two 2-bedroom, 1-bath units, appealing to a wide range of tenants. Each unit is equipped with its own washer and dryer, adding convenience and increasing tenant satisfaction. With a strong rental history and consistent occupancy, this is an ideal property for both first-time investors and seasoned landlords looking to expand their portfolio. Tenants enjoy ample off-street parking and a spacious shared courtyard complete with a basketball hoop and picnic table, creating a welcoming outdoor space for recreation and relaxation. Whether you're looking to grow your investment holdings or secure a reliable income-producing property, this well-maintained 4-plex is a rare opportunity to own a proven income-producing asset.

18 S 5th Street | MLS# 6339077

This multi-family property located at 18 S 5th Street, Albia, IA 52531 is currently listed for sale with an asking price of $250,000. Search Albia real estate on kdayley.trophypa.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Finished
Basement: Yes
Fuel Type: Electric
Heating: Baseboard
Lot Size: 132 x 66
Taxes: $2,246
Year Built: 1974

Feature Descriptions

Days on Site: 3
Exterior: Brick, Stucco
Lot Dimensions: 132 x 66
Maintenance Expense: 1000
Parcel #: 210-0-03-018-000-000
Sewer: City Sewer/Connected
SQFT Living Area: 5208
Units: 4
Water: Public

Listed By / Shown

Listed By

Agency Name: RE/MAX Pride Ottumwa
Agency Phone: 641-683-3777

Shown By

Agent Name: Ken Dayley
Agent Phone: (314) 409-4568
Agency Title: Trophy Properties & Auction

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Estimated Payment

$ 816.47 per month $556.39 Principal & Interest $187.17 Property Tax $72.92 Homeowner's Insurance

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