NOT LISTED FOR SALE

600 Nelson St Unit 600-606 West Liberty, IA 52776

8 Beds
4 Baths
896 Sq Ft
1970 Built

Last Sold March 17, 2016

Last sale price $220,000 $246 Per Sq Ft

39 Days on Market

Highlights

  • Living Room
  • Property is near schools
  • Dining Room
  • Early Childhood Center Rated A-
  • Central Air
  • 2-minute walk to West liberty Middle School Playground

About This Home

As of March 2016

Side by side townhouse style 2 br, 1 bath 4-plex in West Liberty. Fully rented, in nice area of town near Middle school and West Elementary School. Each unit has a full basement and a back porch. Total rent is $30,000 per year with $13,000 in expenses including management leaving a net operating income of $17,000. See associated documents for full pro-forma. This property may be purchased with 7 properties comprised of 58 units owned by the same owner for a total of $3,229,500. Allow 24 hours to show.

Last Agent to Sell the Property

Jeff Edberg

Lepic-Kroeger, REALTORS Listed on: 01/22/2016

Lepic-Kroeger, REALTORS

Co-Listed By

Rachel Barnes

Lepic-Kroeger, REALTORS

Last Buyer's Agent

Jeff Edberg

Lepic-Kroeger, REALTORS Listed on: 01/22/2016

Lepic-Kroeger, REALTORS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Home Design

  • Poured Concrete

Interior Spaces

  • 896 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Oven or Range

Schools

  • West Liberty Elementary And Middle School
  • West Liberty High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Internet Available

Additional Features

  • Lot Dimensions are 150 x 125 x 115 x 115
  • Property is near schools

Listing and Financial Details

  • Assessor Parcel Number 0112277008

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $1,208
  • Maintenance Expense $1,440
  • Gross Income $29,736

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: MULTI-FAMILY
  • Type: Multi-Family
  • Photo Code: Broker Loaded
  • Remarks: Side by side townhouse style 2 br, 1 bath 4-plex in West Liberty. Fully rented, in nice area of town near Middle school and West Elementary School. Each unit has a full basement and a back porch. Total rent is $30,000 per year with $13,000 in expenses including management leaving a net operating income of $17,000. See associated documents for full pro-forma. This property may be purchased with 7 properties comprised of 58 units owned by the same owner for a total of $3,229,500. Allow 24 hours to show.
  • T Val: 220000
  • Year Built: 1970
  • Tax Year Report: 2014
  • Subdivision: Unknown
  • Directions: From Iowa City, Hwy #6, (S) on N Columbus St, to (E) on E. 8th St, to (N) on Windus Ave, to (E) on Nelson St, to 600-606 E Nelson St.
  • L O1 Dues Paid: y
  • L O2 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Sidewalks, Street Lights, Close to School
  • Basement Remarks: Poured Concrete
  • Possession R: At Closing
  • Possible Finance R: Cash
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Sq Ft Above: 896

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Ceiling Fans, Gas, Central

Condo/Co-op/Association

  • Fees Include: None

Schools

  • Elementary School: West Liberty
  • Middle School: West Liberty
  • High School: West Liberty
  • High School: West Liberty
  • Jr Middle School: West Liberty
  • Elementary School: West Liberty

Lot Info

  • Geo Subdivision: IA
  • Lot Dimensions: 150 X 125 X 115 X 115
  • Zoning: R3

Tax Info

  • Gross Tax County City: 5688
  • Assessor Parcel Number: 0112277008

Multi Family

  • Units Total: 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
03/17/2016 03/17/16 Sold $220,000 -4.1% $246 / Sq Ft
03/01/2016 03/01/16 Pending -- -- --
01/22/2016 01/22/16 For Sale $229,500 -- $256 / Sq Ft
Source: Iowa City Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jeff Edberg

    Seller's Agent in 2016

    Jeff Edberg

    Lepic-Kroeger, REALTORS

    (319) 331-6187

    1 in this area

    167 Total Sales

    Jeff Edberg
    Section Image
  • Rachel Barnes

    Seller Co-Listing Agent in 2016

    Rachel Barnes

    Lepic-Kroeger, REALTORS

    (319) 321-5108

    149 Total Sales

    Rachel Barnes
    Section Image
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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20160613

Iowa City Area Association of REALTORS®

APN: 0112277008

Iowa Muscatine County West Liberty 52776

600 Nelson St Unit 600-606, West Liberty, IA

This home is located at 600 Nelson St Unit 600-606, West Liberty, IA 52776 since 22 January 2016. This property was built in 1970. 600 Nelson St Unit 600-606 is a home located in Muscatine County with nearby schools including Early Childhood Center, West Liberty Middle School, and West Liberty 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.

Iowa City Area Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing information is deemed reliable, but not guaranteed accurate by the MLS.

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