Jan Jaeger
- Buy
- Sell
https://www.ruhlmortgage.com/BlakeEller.html
Description
Whether you're looking to expand your investment portfolio or purchase your first income-producing property, this triplex offers an excellent opportunity! With tenants already in place, this property provides immediate rental income from day one. The building features three units, including two main-level apartments?an efficiency unit and a one-bedroom unit?and a spacious two-bedroom apartment on the upper level. A new boiler installed in 2025 adds peace of mind for future ownership. Situated on a generous 0.48-acre lot, tenants can enjoy plenty of outdoor space, and the detached double garage offers additional storage or the potential for future rental income, as it has not previously been utilized by tenants. All utilities are currently included in the rent, making this a turnkey investment with room for future value-add opportunities. Don't miss your chance to start?or grow?your real estate portfolio with this solid income-producing property!
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Sqft: 1,811
County: Winnebago
Subdivision: LM SUBDIV E 7 AC SE SW 2-99-23
Listed By:
Realty ONE Group Black Diamond
641-592-2665
No Coast MLS
MLS ID: 6340028
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403 S 4th Avenue E, Lake Mills, IA 50450.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $109,900 | $109,900 | $109,900 |
| Down Payment | $21,980 | $3,847 | $27,475 |
| Monthly Mortgage Amount | $556 | $673 | $690 |
| Taxes | $153 | $153 | $153 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $48 | $0 |
| Monthly Estimated Total | $809 | $974 | $943 |
Jan Jaeger
REALTOR®
Office: (319) 752-9933 ext. 106
Cell: (319) 759-8589
Licensed in IA
Burlington Office
403 South Gear Avenue
Suite 105
West Burlington, IA 52655
(319) 752-9933
Suite 105
West Burlington, IA 52655
(319) 752-9933
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Listings courtesy of No Coast MLS as distributed by MLS GRID.
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