204 3rd Street Sw

Rake, IA 50465

About this property

Turnkey 8-unit apartment with positive cashflow on Day 1 and additional upside. The deal includes two 4-unit buildings side-by-side on a 1.74 acre lot. All units have received recent updates including fresh paint, new flooring, and new plumbing. Many also have new kitchen cabinets and bathroom updates. Good tenants with in-house management in a nice, stable small town. Room for increasing rents without major updates. Call today for a showing!

About this property

Turnkey 8-unit apartment with positive cashflow on Day 1 and additional upside. The deal includes two 4-unit buildings side-by-side on a 1.74 acre lot. All units have received recent updates including fresh paint, new flooring, and new plumbing. Many also have new kitchen cabinets and bathroom updates. Good tenants with in-house management in a nice, stable small town. Room for increasing rents without major updates. Call today for a showing!

Features and Additional Information

Schedule a Tour
It's free and no obligation

Schedule a Private Showing

$325,900 Active
0 SQFT

Presented By Coldwell Banker Distinctive Properties Telluride

Agent Image
Get in touch today! Phone: 1-970-728-4454
Brokerage
1st Choice Realty
1-641-585-2404

Want to See More Listings in the Area?

Listed By Bethanie Farus
Brokerage: 1st Choice Realty

Schedule a Private Showing

It's free and no obligation

Have Questions? Contact
Coldwell Banker Distinctive Properties Telluride

Real Estate Links Our Domains