475 1st St NE, Primghar, IA 51245

This 4-unit complex is a great opportunity. All four units are approximately the same size, with about 600 square feet each. There are three One-Bed units and one Two-Bed unit. Each have: Living: Carpet Kitchen/Dining: Vinyl Flooring, Laminate Countertops Bedroom1: Carpet, Closet Bedroom 2 (if applicable): Carpet, Closet Full Bathroom: Vinyl Flooring, Tub/Shower Closets for Storage There is a separate shared laundry space in the building that contains a coin-operated washer/dryer. These machines are leased with a company who maintains them and repairs them as well as collects the coins (lease is transferable). The tenants pay for their own electricity &garbage, while the landlord pays for the water, sewer & common space electric ($150/mo), lawn care & snow removal ($100/mo), and insurance ($110/mo) The rental income for each unit is as follows: Unit 1 (one bedroom): $425/mo Unit 2 (one bedroom): $450/mo Unit 3 (two bedroom): $575/mo Unit 4 (one bedroom): $500/mo Security Deposits will be included upon closing. All units are currently rented. There is off-street parking spaces for the units.