NOT LISTED FOR SALE

401 N 1st St Unit A,B,C,D,7,9 11,13 Marshalltown, IA 50158

-- Bed
8 Baths
-- Sq Ft
0.37 Acres

Last Sold March 27, 2018

Last sale price $250,000

241 Days on Market

Highlights

  • 8 Kitchens
  • Laundry Room
  • Forced Air Heating System
  • No HOA
  • Storage

About This Home

As of March 2018

***ALL INVESTORS*** This apt/condo has 8 units, all occupied and have been for a good amount of time. Being sold as a complete package for only $270,000! Rental inspection has just been done 1/4/18 to be renewed for the next 3 years. Each unit can be sold individually as they all have own tax description. Property has new roof on 7 units, new water heaters for each unit, each tenant pays own electric. Heating is base board electric heating. Owner pays water and garbage. Basement laundry for tenants, also on site parking lot for each tenant as well as street parking. This property brings in $4,500 monthly! That s $54,000 a year! Give me a call today and let s get you inside this great cash flow property.

Last Agent to Sell the Property

Gilbert Gonzales

RE/MAX Precision Listed on: 07/17/2017

RE/MAX Precision

Last Buyer's Agent

Amber Salmon

RE/MAX Concepts

RE/MAX Concepts

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $968

Year Built

  • Built in 1969

Lot Details

  • 0.37 Acre Lot

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • Storage
  • Laundry Room
  • 8 Kitchens
  • Unfinished Basement

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Gross Income $4,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$968

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: See Remarks
  • Unit: A,B,C,D,7,9 11,13
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Refrigerators: 8
  • Stoves Total: 8
  • Total Bathrooms: 8.00
  • Full Bathrooms: 8
  • Second Floor Full Bathrooms: 7
  • Third Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Kitchens: 8
  • Laundry: Yes
  • Storage: Yes

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Concrete Block
  • Sidewalk: Y

Utilities

  • Air Conditioner: Window Unit
  • Heat: Gas Forced Air, See Remarks
  • Separate Meters: Y

Condo/Co-op/Association

  • Association Fee: No
  • Manager: No

Schools

  • School District: Marshalltown

Lot Info

  • Acres: 0.3700
  • Assessor Parcel Number: ...
  • Zoning: R

Rental Info

  • Deposit: Yes
  • Landlord Tenant Utilities: Electric Tenant, Gas Tenant, Insurance Landlord, Misc Exp Landlord, Water Tenant

Tax Info

  • Gross Taxes: 968.00
  • Net Taxes: 968.00

MLS Schools

  • School District: Marshalltown

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2018 03/27/18 Sold $250,000 -16.7% --
03/15/2018 03/15/18 Pending -- -- --
07/17/2017 07/17/17 For Sale $300,000 -- --
Source: Des Moines Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Gilbert Gonzales

    Seller's Agent in 2018

    Gilbert Gonzales

    RE/MAX Precision

    (641) 691-2642

    281 Total Sales

    Gilbert Gonzales
    Section Image
  • Amber Salmon

    Buyer's Agent in 2018

    Amber Salmon

    RE/MAX

    (515) 988-0638

    154 Total Sales

    Amber Salmon
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 544140

Des Moines Area Association of REALTORS®

Iowa Marshall County Marshalltown 50158

401 N 1st St Unit A,B,C,D,7,9 11,13, Marshalltown, IA

This home is located at 401 N 1st St Unit A,B,C,D,7,9 11,13, Marshalltown, IA 50158 since 17 July 2017. This property was built in 1969. 401 N 1st St Unit A,B,C,D,7,9 11,13 is a home located in Marshall County with nearby schools including Rogers Elementary School, B.R. Miller Middle School, and Marshalltown High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Des Moines Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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