USAIALake MillsLm Subdiv E 7 Ac Se Sw 2-99-23403 S 4Th Ave E

403 S 4Th Ave E, Lake Mills, IA

Name: 403 S 4Th Ave E, For Sale in Lake Mills - Zoocasa
Brand: Realty ONE Group Black Diamond
SKU: 6340028
Price: 109900 USD

House

For Sale

Listed price in listed location currency (USD).

$109,900

002

MLS® 6340028

Overview

Key Facts

Type Triplex

Levels Residential Income

Size 1811 sqft

Garage Yes

Taxes $1,782

Days Active 24

Lot Size 0.48 Acres

Approx. Age 1890

Avg. Price Per Sqft $60

MLS® Number 6340028

Property Address: 403 S 4th Ave E, Lake Mills, IA, 50450-1657

Average square foot calculated using Size range provided by listing agent.

Description

Whether you're looking to expand your investment portfolio or purchase your first income-producing property, this triplex offers an excellent opportunity! With tenants already in place, this property provides immediate rental income from day one. The building features three units, including two main-level apartments—an efficiency unit and a one-bedroom unit—and a spacious two-bedroom apartment on the upper level. A new boiler installed in 2025 adds peace of mind for future ownership. Situated on a generous 0.48-acre lot, tenants can enjoy plenty of outdoor space, and the detached double garage offers additional storage or the potential for future rental income, as it has not previously been utilized by tenants. All utilities are currently included in the rent, making this a turnkey investment with room for future value-add opportunities. Don't miss your chance to start—or grow—your real estate portfolio with this solid income-producing property!

MLS® Number6340028

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age1890

BasementFull

Driveway

Garage Spaces

HeatHot Water

A/C

Extras

Map

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