BEDS6
BATHS6 full
MLS#835143
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Eight~unit multifamily investment property at 101 Sparta in Marathon, Iowa. The property consists of two four~unit buildings and is currently fully occupied, with scheduled rents totaling $3,325 per month. Both buildings have new roofs, with approximately $30,000 invested in the replacement. Located within reach of Spencer, Storm Lake, Laurens, and other area communities and employers. Offered together as one eight~unit property. All units have a living space, kitchen/dining, full bathroom, and one bedroom. There is a separate shared laundry space that contains a coin~operated washer and dryer. This is located in one of the buildings. There is storage space in the opposite building of the laundry. Tenant pays for: Water, Sewer, and Electric. Owner pays for: Electric, Water, Sewer for Common Spaces & Garbage. Lawn/Snow Removal is paid for by the owner. There is ample exterior parking available for tenants...
Property Features
Property Type: Multi Unit - Multiple
Cooling: Window Unit
Garage: None
Lot Size: 1.66 Acres
Taxes: $3,418
Year Built: 1976
Units
Unit Type 1:
Bedrooms: 1
Bathroom Full: 1
Rent: $400
Square Footage: 500
Unit Type 2:
Bedrooms: 1
Bathroom Full: 1
Rent: $450
Square Footage: 500
Unit Type 3:
Bedrooms: 1
Bathroom Full: 1
Rent: $425
Square Footage: 500
Unit Type 4:
Bedrooms: 1
Bathroom Full: 1
Rent: $400
Square Footage: 500
Unit Type 5:
Bedrooms: 1
Bathroom Full: 1
Rent: $425
Square Footage: 500
Feature Descriptions
Driveway: Gravel
Parcel: 19021-04-21-183-018
Rental: Yes
Rental Income: 3050
Sewer: City
SQFT Main: 5052
Water: City
Zoning: RES
Listed By / Shown By
Listed By
Agency Name: Real Estate Specialists of Storm Lake, Inc
Agency Phone: 712-732-7594
Shown By
Agent Name: Juan Garcia
Agent Phone:
Agency Title: United Real Estate Solutions
Estimate Your Payment
Estimated Payment
$ 1,746.39 per month $1,392.14 Principal & Interest $284.83 Property Tax $69.42 Homeowner's InsuranceChange Payment Information
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101 Sparta St | MLS# 835143
This multi-family property located at 101 Sparta St, Marathon, IA 50565 is currently listed for sale with an asking price of $238,000. Search Marathon real estate on juangarcia.unitedrealestatesolutions.com today.