101 Sparta, Marathon, IA 50565
Marathon, IA Homes for Sale in 50565 and Real Estate MLS # 828446
$238,000
- N/A
- 1
- 2526
- Active
General Description
8-Unit Property. Exterior Parking. Great Investment Opportunity. This 8-unit complex is a great investment. All 8 units are one bedroom, one bathroom. All units have a living space, kitchen/dining, full bathroom, and one bedroom. Market Rent Roll: $3,200. Actual Rent Roll: $3,200. There is a separate shared laundry space that contains a coin-operated washer and dryer. This is located in one of the buildings. This yield approximately $100/month. There is storage space in the opposite building of the laundry. Tenant pays for: Water/Sewer Electric. Pet: $20/month. Owner pays for: Electric/Water/Sewer for Common Spaces & Garbage: $200/month. Insurance: $275/month. Taxes: approx $3,401/year. Lawn/Snow Removal: $150/month. Security deposits will be included upon closing. There is ample exterior parking available for tenants.Legal: 01-00 MARATHON CORP. & LOTS 2&3 EX E16' OF LOT 3 AUD S/D OUTLOT 2 & N107' LOT 1 OUTLOT 3
Property Information
828446
$238,000
101 Sparta
Surrounding Areas/Other Areas
Marathon
Buena Vista
IA
Sale
Multi-Unit
2526
None
96
1976
1
50565
3401
LISTED BY
Real Broker, LLC, Adam Doughan (515.305.2577)
PROPERTY LOCATION
MORTGAGE CALCULATOR
RE/MAX Experience
Licensed In Iowa,Nebraska,South Dakota Each Office Independently Owned And Operated.
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