Description
Calling all investors! Come take a look at this 5-plex located in the college town of Lamoni, IA. This 5-plex is 100% occupied and offers you the chance to immediately step into a money-making endeavor. This property produces $2,505 of income each month.
The seller has completed many upgrades over the past several years. Upgrades on the exterior include a newer roof, fresh exterior paint, and a new deck on apartment 1. Upgrades on the interior include new Luxury vinyl plank flooring in all units, fresh paint, new trim and baseboard, new light fixtures, new interior doors, and updated the cabinetry. These units are in EXCELLENT shape and have been very well taken care of!
Features Include:
3 units of 2-bedroom, 1-bathroom (each 2-br comes with a garage)
1 unit of 1-bedroom, 1-bathroom
1 unit is a studio
$2,505/month of income
100% occupied
Many exterior upgrades
New back deck on unit 1
Fresh exterior paint
Newer roof
Many interior upgrades
LVP flooring
New doors, trim, baseboard
Fresh interior paint
New fixtures
Updated cabinetry
Appliances stay
Good parking
PROPERTY FEATURES:
Lamoni IA 5-Plex For Sale
5-Plex For Sale Lamoni Iowa
Great Investment Property
Located in College Town
100% Occupied
Great Income
Many Upgrades
Well Maintained Property
Commercial Property
Home in Town
Investment & Income
