117-119-121 NE 7th Street Independence, IA 50644
Investors take note! 3-unit apartment building has a pair of 2-bedroom units and a 1-bedroom unit. Stoves and fridges included in 119 & 121 with stove, fridge, built in microwave and stack washer & dryer in 117. Coin washer & dryer in the hall for 119 & 121. 119 also has through the wall a/c unit. 117 had numerous updates in 2018 including kitchen remodel and it also has an attached garage. Electricity & garbage are paid by the tenant, landlord pays heat, water, and sewer. Current rents total $1, 875 with long term tenants in 117 & 121. Tenant in 119 moved in Feb. 2024. Property is in 500 year flood plain. Please allow 24 hours' notice for showings to notify tenants. Buyer to participate in a 1031 exchange with at no additional expense to the buyer. Seller is a licensed real estate broker in the State of Iowa.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyBuchanan
- Taxes$1,932
- HOA/Condo/Coop Fees$0
- Days on Site24 Days
- MLS StatusActive
- MLS ID Number20242081
- Home Size Source N/A
- Year Built1910
- Lot Size0.1364 Acres
- Full BathsN/A
- Partial BathsN/A
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