$149,500.00

5063 & 5087 Main StreetOran, IA 50664

5063 & 5087 Main Street, Oran, IA
  • 5063 & 5087 Main Street, Oran, IA
  • 5063 & 5087 Main Street, Oran, IA
  • 5063 & 5087 Main Street, Oran, IA
  • 5063 & 5087 Main Street, Oran, IA
  • 5063 & 5087 Main Street, Oran, IA
  • 5063 & 5087 Main Street, Oran, IA
  • 5063 & 5087 Main Street, Oran, IA
  • 5063 & 5087 Main Street, Oran, IA
  • 5063 & 5087 Main Street, Oran, IA
  • 5063 & 5087 Main Street, Oran, IA
  • 5063 & 5087 Main Street, Oran, IA
  • 5063 & 5087 Main Street, Oran, IA
  • 5063 & 5087 Main Street, Oran, IA
  • 5063 & 5087 Main Street, Oran, IA
  • 5063 & 5087 Main Street, Oran, IA
  • 5063 & 5087 Main Street, Oran, IA
  • 5063 & 5087 Main Street, Oran, IA
  • 5063 & 5087 Main Street, Oran, IA
  • 5063 & 5087 Main Street, Oran, IA
  • 5063 & 5087 Main Street, Oran, IA
  • 5063 & 5087 Main Street, Oran, IA
  • 5063 & 5087 Main Street, Oran, IA
  • 5063 & 5087 Main Street, Oran, IA
  • 5063 & 5087 Main Street, Oran, IA
  • 5063 & 5087 Main Street, Oran, IA
  • 5063 & 5087 Main Street, Oran, IA
  • 5063 & 5087 Main Street, Oran, IA
  • 5063 & 5087 Main Street, Oran, IA
  • 5063 & 5087 Main Street, Oran, IA
  • 5063 & 5087 Main Street, Oran, IA
This multi-family property will make a great addition to any investor’s portfolio. Good cash flow with 6 units bringing in $2,865/month. The property consists of a 5 unit apartment building, a 1 bedroom home and a 1,712 sq.ft. garage/storage building all on a large corner lot. The three main floor apartments each have 2 bedrooms, living room, kitchen, full bath and all share the basement with washer/dryer hookups. One 2nd floor apartment has 2 bedrooms with washer/dryer in the full bath. The other upstairs apartment is good size with 3 bedrooms, newer carpet and a stack washer/dryer in the full bath. The 1 bedroom, 1 bath, 560 sq.ft. rental house sits on its own parcel to the south of the 5-Plex. It has a full basement with washer/dryer hookups. Each tenant pays their own electric. Landlord pays gas, garbage, sewer and electric for the basement. Water is provided by a private well. Water softener plus iron curtain and brine injection system to prevent smells and rust are provided for 5-Plex and house both.
MLS ID #:
20204498

Property Address:
5063 & 5087 Main Street
Oran, IA 50664

County:
Fayette

Region:
Outside the Metro Area

Year Built:
1912

Property Type:
Multi-unit

Sub-Type:
Five or More Units

Number of Units:
6

Additional Parcel:
Yes

School:
Wapsie Valley

Date Listed:
September 2nd, 2020

Status:
Active

Price:
$149,500.00

Gross Taxes:
$1,536.00

Gross Income:
$2,865.00 Actual

Net Income:
$0.00

Occupant:
Renter

Tenant Responsible:
Electric

Terms of Tenancy:
Month to Month, Over 9 Months

Finance Type:
Cash, Conventional

Sale/Lease Type:
Normal Sale

Docs on File:
Aerial Photo, Lead Paint Disclosure, Legal Description, Sellers Disclosure

Zoning:
none

Legal Desc:
Lots 5, 6, 7, 8 & 9, Blk 4, Oran

Unit #1:
2 Bed, $450.00 Rent

Basement:
Entrance-Inside, Entrance-Outside

Laundry:
2nd Floor, Dryer Hook-Up, Lower Level, Washer Hookup

Garage Stalls:
3

Garage Type:
Detached

Parking:
On Street

Stories:
1 Story, Apartments (5+ Units)

Total Fin Sq Ft:
4,176 sq ft

Main Sq Ft:
2,256 sq ft

2nd Level Sq Ft:
1,920 sq ft

Lot Description:
Corner Lot

Lot Sq Footage:
17,500

Lot Dimensions:
125' x 140'

Reg/Irreg:
Reg

Acres:
0.400

Road Frontage:
Hard Surface Road

Exterior:
Aluminum, Wood Lap

Siding:
Aluminum, Wood

Roof Type:
Asphalt

Exterior Amentities:
Curbs/Sidewalks, Porch-Covered

Utilities Available:
Elec Individual Meters

Water Type:
Private Well

Sewer Type:
City

Fuel Type:
Propane

Water Sep by Unit:
No

Elec Sep by Unit:
Yes

Heat Sep by Unit:
No

Heating:
Forced Air, Propane Leased

Cooling:
None, Window Unit

Flood Plain Class:
C/X - Not in Flood Plain

Realtor/Equal Housing Lender Listing provided courtesy of RE/MAX Independence Realty.
Listing Agent: Curt Martin
IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

Additional Photos

  • 5063 & 5087 Main Street, Oran, IA 50664
  • 5063 & 5087 Main Street, Oran, IA 50664
  • 5063 & 5087 Main Street, Oran, IA 50664
  • 5063 & 5087 Main Street, Oran, IA 50664
  • 5063 & 5087 Main Street, Oran, IA 50664
  • 5063 & 5087 Main Street, Oran, IA 50664
  • 5063 & 5087 Main Street, Oran, IA 50664
  • 5063 & 5087 Main Street, Oran, IA 50664
  • 5063 & 5087 Main Street, Oran, IA 50664
  • 5063 & 5087 Main Street, Oran, IA 50664
  • 5063 & 5087 Main Street, Oran, IA 50664
  • 5063 & 5087 Main Street, Oran, IA 50664
  • 5063 & 5087 Main Street, Oran, IA 50664
  • 5063 & 5087 Main Street, Oran, IA 50664
  • 5063 & 5087 Main Street, Oran, IA 50664
  • 5063 & 5087 Main Street, Oran, IA 50664
  • 5063 & 5087 Main Street, Oran, IA 50664
  • 5063 & 5087 Main Street, Oran, IA 50664
  • 5063 & 5087 Main Street, Oran, IA 50664
  • 5063 & 5087 Main Street, Oran, IA 50664
  • 5063 & 5087 Main Street, Oran, IA 50664
  • 5063 & 5087 Main Street, Oran, IA 50664
  • 5063 & 5087 Main Street, Oran, IA 50664
  • 5063 & 5087 Main Street, Oran, IA 50664
  • 5063 & 5087 Main Street, Oran, IA 50664
  • 5063 & 5087 Main Street, Oran, IA 50664
  • 5063 & 5087 Main Street, Oran, IA 50664
  • 5063 & 5087 Main Street, Oran, IA 50664
  • 5063 & 5087 Main Street, Oran, IA 50664
  • 5063 & 5087 Main Street, Oran, IA 50664

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