500 & 502 Henderson St, Olin

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$350,000 ▪ 8 Units ▪ MLS: 20196785

What a great investment! 2 4-Plex buildings that are 100% occupied. This investment has GREAT cash flow. All units have a detached garage and coin laundry in each building. They have been well maintained and ready for their next landlord. See attached for 'Rental' income of each unit.

      
Directions: IA-1 to US-30 E for 14 miles, then left on S Ash St/IA-38 for 7 miles, turn rt on Maple St then rt on Henderson St.

Property Details

MLS #: 20196785
Price: $350,000
Year Built: 1994
Income/Yr: $46,030.00
Expense/Yr: $28,000.00
Parking: Garage
Basement: Other Total Sq Ft: 6400
Electric/Yr: $0.00
Gas/Yr: $0.00
Maint/Yr:
Insurance/Yr: $0.00
Gross Tax: $7,480.00
Units: 8
Laundry: Coin Laundry
Heating: Electric
Cooling: Window/Wall Units
Elementary: Olin
Middle: Olin
High: Olin

Information deemed reliable but not guaranteed


Who To Contact

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Kim Greiner, REALTOR

319-325-9059
319-887-7246
kimg@cbrep.com
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