248 N Railroad St, Ainsworth

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$89,000
2.0 Units
MLS: 202500476

Great investment opportunity. This building is located downtown Ainsworth, Iowa and has an updated main level apartment with one bedroom, 1 bath and currently rents for $550.00 a month. The upper unit rents for $400.00 a month. If you're looking to invest in real estate this one is a great one to start with or to add to your existing portfolio with low taxes, tenant paid utilities and low Maintenace expenses.

      
Directions: Highway 92, turn south on 3rd and east on Railroad.

Property Details

MLS #: 202500476
Price: $89,000
Year Built: 1910
Income/Yr: $10,800.00
Expense/Yr: $0.00
Parking: On Street
Basement: Concrete
Total Sq Ft: 1280
Electric Expense: $0.00
Gas Annually: $0.00
Maint Expense: $600.00
Insurance Expense: $1,700.00
Gross Tax: $241.00
Units: 2.0
Laundry:
Energy Generation:
Heat/Cooling: Electric, Forced Air
Elementary: Ainsworth
Middle: Washington
High: Washington

Information deemed reliable but not guaranteed


Who To Contact

Agent Photo

Edge Realty Group

319-351-3355
 
info@edge-realtygroup.com


 Listing Office: Elliott Realty Group - Agent: Patty Elliott - Information furnished by Iowa City Area Association of Realtors