NOT LISTED FOR SALE

701-705 3rd Ave N E Independence, IA 50644

Studio
-- Bath
1,540 Sq Ft
0.31 Acres

Last Sold June 28, 2018

Last sale price $97,250 $63 Per Sq Ft

209 Days on Market

Highlights

  • Corner Lot
  • Patio
  • Heating System Uses Steam
  • Porch
  • Garage

About This Home

As of June 2018

This multi-unit investment property brings in $2,150 in rent/month. A two-story structure features a large 3 bedroom, 2 bath apartment on the main floor and two 1-bedroom apartments on the 2nd floor. New boiler. All stoves and refrigerators included. The property also includes a 1 bedroom bungalow with newer roof.

Last Agent to Sell the Property

Craig Moroney

RE/MAX Independence Realty Brokerage Phone: 319-521-9384 License #S41377000 Listed on: 09/29/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1881

Lot Details

  • 0.31 Acre Lot
  • Corner Lot
  • Additional Parcels

Home Design

  • Triplex
  • Concrete Foundation
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Stone Basement
  • Laundry on main level

Parking

  • Garage
  • 4 Open Parking Spaces
  • Parking Available

Outdoor Features

  • Patio
  • Porch

Schools

  • Independence Elementary And Middle School
  • Independence High School

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 0634406010

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $163
  • Water Sewer Expense $139
  • Gross Income $2,150

Property Details

Home Type

Multi-Family

Year Built

Built in 1881

Lot Details

0

Listing Details

  • Parcel Number: 0634406010
  • Year Built: 1881
  • Property Sub-Type: Triplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: 1st Floor
  • ResoLotFeatures: Corner Lot
  • Lot Size Acres: 0.308
  • Road Frontage Type: Hard Surface Road
  • Attribution Contact: CELL: 319-521-9384
  • Co List Office Phone: 319-334-5703
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1540
  • Architectural Style: One Story, Two Story
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Concrete, Stone/Rock
  • Below Grade Sq Ft: 1204

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Patio, Porch
  • Siding: Vinyl

Garage/Parking

  • Open Parking Spaces: 4
  • Parking Features: Detached, Garage, Parking Area

Utilities

  • Cooling: None
  • Heating: Gas, Steam
  • Sewer: City Sewer
  • Utilities: Electric in Rent, Garbage in Rent, Gas in Rent, Water in Rent
  • Water Source: City

Fee Information

  • Annual Water Sewer Expense: 139

Schools

  • Elementary School: Independence
  • High School: Independence
  • Middle Or Junior School: Independence

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 78x120 & 26x155
  • Lot Size Sq Ft: 13390
  • Additional Parcels: Yes

Rental Info

  • Tenant Pays: None
  • Lease Term: Month To Month

Multi Family

  • Gross Income: 2150
  • Number Of Units Total: 4
  • Electric Expense: 163

Tax Info

  • Tax Annual Amount: 2622
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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 List to Sale Price per Sq Ft
06/28/2018 06/28/18 Sold $97,250 0.0% $63 / Sq Ft
04/28/2018 04/28/18 Off Market $97,250 -- --
09/29/2017 09/29/17 For Sale $100,000 -- $65 / Sq Ft
Source: Northeast Iowa Regional Board of REALTORS®

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20175436

Northeast Iowa Regional Board of REALTORS®