510 2nd Ave. N.E., Independence, IA 50644

510 2nd Ave. N.E., Independence, IA 50644
MLS ID #:
20175438

Property Address:
510 2nd Ave. N.E.
Independence, IA 50644

County:
Buchanan

Region:
Outside Area

Area:
Buchanan

Year Built:
1900

Property Type:
Multi-unit

Sub-Type:
Five or More Units

Number of Units:
6

School:
Independence

Date Listed:
September 29th, 2017

Status:
Active

Price:
$100,000.00

Gross Taxes:
$2426

Gross Income:
$2,225.00 Actual

Net Income:
$0.00

Occupant:
Renter

Tenant Responsible:
None

Terms of Tenancy:
Month to Month

Finance Type:
Cash, Conventional

Sale/Rent:
For Sale

Sale/Lease Type:
Normal Sale

Docs on File:
Aerial Photo, Lead Paint Disclosure, Legal Description, Sellers Disclosure

Zoning:
R-3

Legal Desc:
Bull's Blk 3 Lot 8

Basement:
Finished-Partly, Stone/Earthen

Laundry:
1st Floor

Garage Type:
None

Parking:
Parking Area

Off-Street Parking:
6

Stories:
Over 2 Stories, Apartments (5+ Units)

Total Fin Sq Ft:
4,281 sq ft

Main Sq Ft:
2,184 sq ft

2nd Level Sq Ft:
1,353 sq ft

3rd Level Sq Ft:
744 sq ft

Lot Description:
Level

Lot Sq Footage:
10,230

Lot Dimensions:
66' x 155'

Reg/Irreg:
Reg

Acres:
0.235

Road Frontage:
Hard Surface Road

Exterior:
Brick

Siding:
Brick

Roof Type:
Rubber

Exterior Amentities:
Curbs/Sidewalks

Utilities Available:
Electric in Rent, Garbage in Rent, Gas in Rent, Water in Rent

Water Type:
City

Sewer Type:
City

Fuel Type:
Natural Gas

Water Sep by Unit:
No

Elec Sep by Unit:
Yes

Heat Sep by Unit:
No

Heating:
Forced Air, Gas, Steam/Hot Water

Cooling:
None

Flood Plain Class:
B - 500 Year Flood Plain

Remarks: This six-unit brick apartment building is centrally located and will make a great addition to any investor portfolio. There are two apartments on the main floor, two on the second floor, one in the basement and one in the attic. Rear alley provides easy access and parking. Currently brings in $2,225 total rent/month.
Realtor/Equal Housing Lender Listing provided courtesy of RE/MAX Independence Realty.
Listing Agent: Craig Moroney
IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

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