About This Home
This 0-bedroom, 0-bathroom residential multi family at 415 E Main Street in Montezuma, IA is listed for $189,000 ($68 per sqft). Built in 1900, the home offers 2,798 sqft of living space on a 0.20 acres lot.
Key Features
- Built in 1900
- 0.20 acre lot
Property Details
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.
Monthly Cost Estimate
$1,011/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
415 E Main Street
Montezuma, IA 50171
Property Details
Construction
Heating
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 415 E Main Street is listed at $189,000 ($68/sqft). The estimated monthly payment is $1,011 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1900, 0.20 acre lot.
This property is listed by Andy Erselius and can be reached at 6412262639.