Property Description

Value-add investment opportunity! Six-unit multi-family property for sale in Central City. Just blocks away from the grocery store and easy access to Highway 13. Units 1 & 2 are one bedroom, Units 3 & 6 are two bedroom, and Units 4 & 5 are three bedroom. Four of the units enter from outside with their own entrances. 5 out of the 6 units are currently occupied with a lease out for review on the 6th unit. There are two coin-operated washers and dryers that are available on the lower level producing additional income for the investor. There are three detached garages for tenant use that can be rented for $50/per month. Strong occupancy numbers with little to no vacancy over his 7 years of ownership. Financials and are available with a signed NDA. Buyer to verify total square footage. Parcel #s: 07034-36006-01000; 01001;01002;01003;01004;01005

Features
: Electric
: Wall/window Unit(s)
: Slab
: Parking Space(s)
Address Map
IA
Linn
Central City
52214
Broadway
50
Street
0
W92° 28' 14.2''
N42° 12' 0.7''
From Hwy 13 turn right on Al Waterhouse Ave then left on Marion Rd S. The building sits on the corner of W Broadway St and Marion Rd S.
W
MLS Addon
GLD COMMERCIAL
Rachel Waters
$0
0 Sqft
$0
$0
$0
$0
Full,unfinished
0 Sqft
0
6
Central City
River
Central City
watersrachel121
CGLDC
.30 Ac
Central City
Active
See remarks.
: Deck, Patio
: Public Sewer
0
1-6
Click here
R-3

50 Broadway Street, Central City, Iowa 52214 - Residential For Sale

50 Broadway Street, Central City, Iowa 52214

5,000 Sqft
$515,000
Listing ID #2403942
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 2403942
Price : $515,000
Square Footage : 5,000 Sqft
Year Built : 1960
Lot Area : 0.30 Acre
Property Sub Type : Multi Family
Status : Active
Agent info
Twenty40 Real Estate + Development
2496 Roycroft Alley
Contact Agent