Don't miss this excellent investment opportunity with this fully occupied 4-plex offering immediate rental income and long-term potential. The property features a desirable unit mix of two 3-bedroom, 1-bath units and two 2-bedroom, 1-bath units, appealing to a wide range of tenants. Each unit is equipped with its own washer and dryer, adding convenience and increasing tenant satisfaction. With a strong rental history and consistent occupancy, this is an ideal property for both first-time investors and seasoned landlords looking to expand their portfolio. Tenants enjoy ample off-street parking and a spacious shared courtyard complete with a basketball hoop and picnic table, creating a welcoming outdoor space for recreation and relaxation. Whether you're looking to grow your investment holdings or secure a reliable income-producing property, this well-maintained 4-plex is a rare opportunity to own a proven income-producing asset.
| Date | Event | Price | $/Sqft | Source |
|---|---|---|---|---|
| Listed For Sale MultiFamily | $250,000 | $48 | RE/MAX Pride Ottumwa |
| Year | Annual Amount | Description |
|---|---|---|
| 2024 | $2,246 | MOCKS 1ST ADD LOT 5 & W 10' LOT 6 BLOCK 4 |
Kindergarten Kendall Center | 0.1 miles away | PK - KG | |
High School Albia High School | 0.2 miles away | 09 - 12 | |
Middle School Albia Middle School | 0.3 miles away | 07 - 08 |