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Listed price in listed location currency (USD).
$64,900

1182

MLS® 6342916

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size 5301 sqft
Garage Yes
Taxes $2,960
Days Active 5
Lot Size 0.26 Acres
Approx. Age 1900
Avg. Price Per Sqft $12
MLS® Number 6342916

Property Address: 424 N Court St, Ottumwa, IA, 52501-2646

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

Description

Fantastic investment opportunity with strong rental income and major updates already completed. This 8-plex offers a mix of units - six 1-bedroom apartments one 2-bedroom, and one 3-bedroom providing steady cash flow from day one. The building needs some TLC, but the upside is tremendous for anyone looking to add value and increase returns. Major mechanical updates have already been handled, including a new 2025 steam boiler, updated electrical, and updated plumbing, giving you a solid foundation to build on. With cosmetic improvements and strategic upgrades, this property has the potential to become a high-performing asset in your portfolio. Endless possibilities for the savvy investor ready to capitalize on a multi-unit building with proven income and room to grow.
MLS® Number6342916
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1900
BasementPartial
DrivewayDetached Garage
Garage Spaces
HeatRadiant
A/CWindow Unit(s)

Extras

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