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Ernest Abell

ernieabell.realty@hotmail.com +1(641) 414-3893

Listed by Andy Erselius AE Realty, Inc

$ 189,000

Est. payment | -/mo

2,798 SqFt

Save

$ 189,000

Est. payment | -/mo

Save

2,798 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,798 sqft

Price per Sqft $67

MLS Listing ID NOC6339897

Construction Status Previously Owned

Year Built 1900

Annual Tax Amount $1,632

Tax Year 2026

Lot Size 8,712 Sqft

Acres 0.2

Lot Dimensions 66X132

Property Sub-Type Triplex

Property Description

Looking for an investment property that can cash flow immediately? Look no further. Located just a block from the Montezuma square this triplex is fully occupied. Monthly rent is currently $2,200 (Main level - 1 BR $600, 1 BR $700, Upper level - 3 BR $900). Tenants pay for their own utilities. The owner pays for mowing and snow removal. Parts of all three units have been updated within last 24 months with most notably updates to main floor kitchen ('26), upstairs shower, kitchen floor and paint ('26), new windows and renovated third bedroom in upper unit offering more living space. Each unit has a full bath, kitchen with owner-owned appliances, its own electric meter, HVAC system and laundry hookups. The building is well maintained with vinyl siding, metal roof, most of the windows have been replaced, circuit breaker panels, and HVAC systems. Profit/Loss provided upon request.

Location

State IA

County Poweshiek

Area 2798

Zoning Business/Commercial

Direction I-80 to Hwy 63 south into Montezuma left on E Main St 4 blocks to property on left

Rooms

Basement Full

Interior

Heating Forced Air

Fireplace No

Exterior

Parking Features Attached

Garage Spaces 1.0

View Y/N true

Roof Type Metal

Accessibility None

Building

Lot Description Corner Lot

Sewer City Sewer/Connected

Water Public

Structure Type Frame,Vinyl Siding

Construction Status Previously Owned

Schools

School District 4437 - Montezuma

Others

Energy Description Natural Gas

Acceptable Financing NOC6339897

Listing Terms NOC6339897

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(641) 414-3893

ernieabell.realty@hotmail.com

Learn More About LPT Realty

415 E Main ST Montezuma, IA 50171