0.13 Acres in Coggon, IA - $89,900
This 4-plex investment property is a rare opportunity for an eager investor. With several ways to boost your cashflow including the garage, with it's own full bathroom, that could either be converted into a 5th unit or be used as a commercial storage rental, plus the rear storage garage with an overhead door and electricity that could be rented out separately. Each unit has it's own gas and electric meters, with brand new electric service and panels. Unit 1: 2-bed/1-bath, move-in ready with fresh paint, new electric, serviced furnace, serviced plumbing. Unit 2: 1-bed/1-bath, move-in ready with fresh paint, new electric, serviced furnace, serviced plumbing. Unit 3: 3-bed/1-bath, gutted to studs; new insulation/drywall/electrical/paint, serviced furnace, serviced plumbing. Ready for trim/doors/cabinets/flooring/lighting. Unit 4: 3-bed/1-bath, needs remodeling. New electrical, serviced furn...
This 4-plex investment property is a rare opportunity for an eager investor. With several ways to boost your cashflow including the garage, with it's own full bathroom, that could either be converted into a 5th unit or be used as a commercial storage rental, plus the rear storage garage with an overhead door and electricity that could be rented out separately. Each unit has it's own gas and electric meters, with brand new electric service and panels. Unit 1: 2-bed/1-bath, move-in ready with fresh paint, new electric, serviced furnace, serviced plumbing. Unit 2: 1-bed/1-bath, move-in ready with fresh paint, new electric, serviced furnace, serviced plumbing. Unit 3: 3-bed/1-bath, gutted to studs; new insulation/drywall/electrical/paint, serviced furnace, serviced plumbing. Ready for trim/doors/cabinets/flooring/lighting. Unit 4: 3-bed/1-bath, needs remodeling. New electrical, serviced furnace, serviced plumbing. Other building updates include: metal roof, scraped and painted exterior, updated sewer, updated plumbing throughout, serviced gas lines/furnaces, and more. Priced aggressively for a quick sale as the current owner is unable to complete the final renovations. Call listing agent with questions or for more info.
