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$2,000,000
Est. payment /mo
8,520 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 8,520 sqft
Price per Sqft $234
MLS Listing ID 2606436
HOA Y/N No
Total Fin. Sqft 8520
Year Built 1966
Annual Tax Amount $24,067
Lot Size 0.677 Acres
Acres 0.677
Property Sub-Type Multi Family
Property Description
If you are looking for a low-maintenance investment property, and want a build quality of years past, this is it! Within the past 2 years, extensive renovations have been performed with the anticipation of a long-term hold. As current ownership focuses on new development, this is a perfect opportunity to enter an asset set up for a long term hold.
12 2BR, 12 1BR
2025 $1.5MM Renovation: full post-fire reconstruction, 4 apts stripped to studs and complete renovation, ew flooring throughout: new fixtures, windows, handrails, mostly new appliances, new entry and hallway doors, new high-tech laundry machines, exterior building repainted. Mechanical and Electrical: New boiler, fan coil units throughout, rebuild of chiller system, new electrical installed in all 24 apartment units, all circuit breakers updated, all new gear installed in the mechanical room.
Listing broker has partial ownership in the property listed.
12 2BR, 12 1BR
2025 $1.5MM Renovation: full post-fire reconstruction, 4 apts stripped to studs and complete renovation, ew flooring throughout: new fixtures, windows, handrails, mostly new appliances, new entry and hallway doors, new high-tech laundry machines, exterior building repainted. Mechanical and Electrical: New boiler, fan coil units throughout, rebuild of chiller system, new electrical installed in all 24 apartment units, all circuit breakers updated, all new gear installed in the mechanical room.
Listing broker has partial ownership in the property listed.
Location
State IA
County Linn
Area Ne Quadrant
Rooms
Basement Walk-Out Access
Interior
Interior Features InteriorFeatures
Heating See Remarks
Cooling See Remarks
Fireplace No
Laundry Common Area
Exterior
Water Access Desc Public
Building
Sewer Community/Coop Sewer, Public Sewer
Water Public
Structure Type Brick,Frame
Schools
Elementary Schools Trailside
Middle Schools Franklin
High Schools Washington
Others
Tax ID 141545101500000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Freedom REMI LLC
Nearby Locations
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