5 S Main Street, Fayette, IA 52142
600 Rossville Road, Waukon, IA 52172
Sweeney Real Estate Office: (563) 568-4170
Email: Sweeneyrealestate@mchsi.com
Website: www.sweeneyrealestate.com
MLS ID #:
20205518
Property Address:
5 S Main Street
Fayette, IA 52142
Fayette, IA 52142
County:
Fayette
Region:
Outside the Metro Area
Year Built:
1950
Property Type:
Multi-unit
Sub-Type:
Five or More Units
Number of Units:
6
School:
North Fayette
Date Listed:
October 31st, 2020
Status:
Active
Price:
$220,000.00
Gross Taxes:
$4,098.00
Gross Income:
$34,200.00 Projected
Net Income:
$28,882.00 Projected
Occupant:
Renter
Tenant Responsible:
Electric, Heat, Water
Terms of Tenancy:
Over 9 Months
Finance Type:
Cash, Conventional
Sale/Lease Type:
Normal Sale
Docs on File:
Lead Paint Disclosure, Sellers Disclosure
Zoning:
M-1
Legal Desc:
Brief legal; PARCEL 'O' IN NW NW, RIVER AD. SURVEY BK 11 PGS 203-205
Unit #1:
2 Bed, Refrigerator, Stove, $400.00 Rent
Unit #2:
3 Bed, Refrigerator, Stove, $625.00 Rent
Unit #3:
2 Bed, Refrigerator, Stove, $475.00 Rent
Unit #4:
2 Bed, Refrigerator, Stove, $425.00 Rent
Unit #5:
2 Bed, Refrigerator, Stove, $475.00 Rent
Basement:
Block, Brick, Concrete, Entrance-Inside, Entrance-Outside, Finished-Fully, Floor Drain
Laundry:
Dryer Hook-up Electric, Washer Hookup
Garage Type:
None
Parking:
Gravel,Over 1 Space,Parking Area,Paved
Off-Street Parking:
12
Stories:
1.5 Stories, Apartments (5+ Units), Split Level
Total Fin Sq Ft:
6,048 sq ft
Main Sq Ft:
3,024 sq ft
Lot Description:
Level
Lot Sq Footage:
20038
Lot Dimensions:
1
Reg/Irreg:
Irreg
Acres:
0.460
Road Frontage:
Hard Surface Road, On Paved Road, Paved Road Frontage
Exterior:
Brick, Steel
Siding:
Brick, Metal, Steel
Roof Type:
Flat, Membrane, Rubber
Utilities Available:
Cable Paid by Individual, Garbage in Rent, Separate Meters, Water Individual Meters
Water Type:
City
Sewer Type:
City
Fuel Type:
Natural Gas
Water Sep by Unit:
Yes
Elec Sep by Unit:
Yes
Heat Sep by Unit:
Yes
Heating:
Electric
Cooling:
Wall Unit, Window Unit
Flood Plain Class:
C/X - Not in Flood Plain
Remarks: Nice 6-unit apartment building in the college town of Fayette. The Current owner has done many updates over the past few years including new steel siding in 2015 and apartment remodels. Great income property and off-street parking right downtown Fayette.
Listing provided courtesy of Allen Real Estate Company, LLC.Listing Agent: Nathan Trappe
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.
