360 4th St NE Primghar, IA 51245

A great opportunity to take advantage of a clean and recently remodeled building that offers the income from five apartments. Building features two apartments on the main and upper floors that are each one bedroom units and one apartment in the basement, that is a potential two bedroom unit. This building has had electrical upgrades made within the past five years. Current owner has made numerous improvements to the property, both inside and out. Exterior upgrades include new windows, exterior doors, vinyl siding, gutters, landscaping and new rock surface added to the parking lot. The interior renovation included new floor coverings,  several bathroom and kitchen remodels, some walls and ceilings being retextured , paint and updating of the kitchen appliances. For air-conditioning, two units have mini splits and the other two have window air conditioners. There is new onsite coin operated laundry access in the basement. The landlord currently pays the overall utilities for the building with an individual utility fee being charged to each tenant. The following is a breakdown of the specs of the property: Four, one bedroom units: (main and upper floors),Rent: $550 per month with an additional $50 per month utility fee. Approximately 480 - 500 square feet Each unit has a small room off the main bedroom that could be used as a nursery or a second bedroom but there isn't a closet in this room. Living room Bathroom with a tub / shower combination. Kitchen with stove, refrigerator, cabinets, countertop and sink. One, two bedroom unit: (basement) Rent: $575 per month with additional $50 per month utility fee. Approximately 525 - 550 square feet This unit has two bedrooms (one bedroom doesn't have a closet). Living room Bathroom with a shower Kitchen with a stove, refrigerator, cabinets, countertop and sink. The entire building has boiler heat. Off street parking is available in the back of the building. All units presently rented with a total monthly rent roll of $2,800.