NOT LISTED FOR SALE

528 6th St Unit s A-F Boone, IA 50036

-- Bed
-- Bath
3,990 Sq Ft
0.33 Acres

Last Sold July 10, 2023

Last sale price $205,000 $51 Per Sq Ft

15 Days on Market

Highlights

  • Wood Flooring
  • 5 Car Detached Garage
  • Heating System Uses Natural Gas
  • No HOA
  • Window Unit Cooling System

About This Home

As of July 2023

Passive Income! Great opportunity to own a solid brick 6-plex building for investment opportunity with income coming in. Its been owned by one owner for over 20+years! Units are all occupied, solid renters. 4 stall car garage detached, with 1 stall garage attached to building, along with personal lockers in basement for tenants to store things. Many new updates over the years of ownership and well care for, including new roof, gutters, 75 gallon water heater, new plex plumbing, sump pump, & heating broiler. 6-plex comes with all appliances in units, 6 refrigerators, 6 ranges, and 10 air conditioning units. Don't miss the opportunity to own an investment property to cash out on for retirement, and shift your investment to a beach condo after gaining all the benefits. Serious buyers, must have pre-approval financing before viewing. 48 hr notice for viewing courtesy to tenants.

Last Agent to Sell the Property

Jennifer Bass

Nerem & Associates License #S67123 Listed on: 04/25/2023

Last Buyer's Agent

Chris Betts

RE/MAX REAL ESTATE CENTER License #B67497

RE/MAX REAL ESTATE CENTER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,681

Year Built

  • Built in 1937

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 120x120

Parking

  • 5 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Block Foundation

Interior Spaces

  • 3,990 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 088426282182081

Community Details

Overview

  • No Home Owners Association
  • All Appliances In Each Unit Includes See Document Association

Building Details

  • Operating Expense $16,664
  • Gross Income $38,122
  • Net Operating Income $21,458

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,681

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Sub Type: Six Plex
  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.33
  • Lot Size: 120x120
  • Architectural Style: 2 Story
  • Garage Yn: Yes
  • Year Built: 1937
  • Water Heater:Electric2: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Water Heater:Gas: Yes
  • Floor:Carpet: Yes
  • Floor:Tile2: Yes
  • Exterior:Brick: Yes
  • Floor:Vinyl2: Yes
  • Foundation:Brick2: Yes
  • Floor:Hardwood: Yes
  • Foundation:Concrete Block: Yes
  • Keywords:Architectural Style2: 2 Story
  • Annual Expenses: 16664.0
  • Income Expenses Net Income: 21458.0
  • Cooling:Window Unit(s): Yes
  • Special Features: None

Interior Features

  • Has Basement: Full
  • Flooring: Vinyl, Tile, Hardwood, Carpet
  • Basement:Full2: Yes

Exterior Features

  • Construction Type: Brick
  • Foundation Details: Brick/Mortar, Block

Garage/Parking

  • Keywords:Garage Capacity3: 5 Car
  • Keywords:Garage Type3: Detached
  • Keywords:Parking Spaces2: 6 - 10 Spaces

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Name: All appliances in each unit includes see document
  • Association: No

Association/Amenities

  • General Information:Homeowners Association (HOA): No

Schools

  • Junior High Dist: Boone

Lot Info

  • Lot Size Sq Ft: 14550.0
  • Parcel #: 088426282182081
  • Zoning: R-3
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Who Pays Trash: Landlord
  • Who Pays Water: Landlord

Multi Family

  • Annual Gross Income: 38122.0
  • Property Net Operating Income: 21458.0
  • Annual Operating Expense: 16664.0

Tax Info

  • Tax Annual Amount: 3681.4

Range of Values:

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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
07/10/2023 07/10/23 Sold $205,000 0.0% $51 / Sq Ft
05/11/2023 05/11/23 Pending -- -- --
04/25/2023 04/25/23 For Sale $205,000 -- $51 / Sq Ft
Source: Central Iowa Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Iowa Board of REALTORS®

MLS Number: 62150