117-119-121 NE 7th Street

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Address: 7th St SW, Independence, IA 50644, USA

Chicago & Midwest + 2-4 Units

Created date: July 15, 2024

Date last updated: July 15, 2024

Property Description

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.

Pending Sale

Key Property Information

Listing Status:	Pending Sale
Listing Type:	Call for offers
Property Types:	2-4 Units
Price:	$154,900
No. of Units:	3
Year Built:	1910
Lot Size:	2,550.00 Sq ft
Opportunity Zone:	No
Price per unit:	$51,633
Property Website	Click Here
Number of Bedrooms:	0
Number of Bathrooms:	0

Address: 117-119-121 NE 7th Street, Independence, IA 50644, USA

Provided by:

Standard Status: Pending

MLS Listing Number: 20242081
ID: 3yd-WCFBORIA-20242081

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