$149,500.00

5063 & 5087 Main Street, Oran, 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
Print Listing
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

Property Location Map


View Larger Map

Request Showing

If you would like to speak to an agent about viewing this property, please fill out and submit the form below. An agent will then contact you to schedule a showing of this property.

*Denotes required fields.


  • Reload Image