Attention income property investors! If you have been looking for the perfect property to add to your existing portfolio or if you are a beginning investor looking to start investing in multi-family real estate, this is the ideal property for you. This property contains six units: four 2 BR and two 1 BR, with a gross annual revenue of $38,625 as of 12/31/20. The property has a number of tenants who have been residents for many years. There is potential for increased revenue generation for the units with the current market. The property is professionally managed by an outside property management company for a turnkey ownership experience. One could also self-manage the property to realize a higher cap rate and income potential. The property was built in 1997 and has been well maintained to minimize future potential maintenance costs. The location is extremely desirable, situated about one block off of the Winterset square with easy access of all the area's major amenities and services.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
