$220,000.00

309 E Main StDecorah, IA 52101

  • 309 E Main St, Decorah, IA
  • 309 E Main St, Decorah, IA
  • 309 E Main St, Decorah, IA
  • 309 E Main St, Decorah, IA
  • 309 E Main St, Decorah, IA
  • 309 E Main St, Decorah, IA
  • 309 E Main St, Decorah, IA
  • 309 E Main St, Decorah, IA
  • 309 E Main St, Decorah, IA
  • 309 E Main St, Decorah, IA
  • 309 E Main St, Decorah, IA
  • 309 E Main St, Decorah, IA
  • 309 E Main St, Decorah, IA
  • 309 E Main St, Decorah, IA
  • 309 E Main St, Decorah, IA
  • 309 E Main St, Decorah, IA
  • 309 E Main St, Decorah, IA
  • 309 E Main St, Decorah, IA
  • 309 E Main St, Decorah, IA
  • 309 E Main St, Decorah, IA
  • 309 E Main St, Decorah, IA
Invest in income producing assets! This 4 plex is an excellent opportunity to reap the rewards of capital accumulation with relatively low risk. Great location one a corner lot only blocks from downtown. Unit 1: 2 bedroom $634/month, 16 year resident with 1 car detached garage. Unit 2: recently updates, vacant, advertised at $750/month Unit 3: recent updates, vacant, advertised at $750/month Unit 4: Studio/1 bedroom, long term resident, $535/month Landlord pays gas, water, sewer, garbage, each apartment electric is metered separately. Updated gas boiler heat. Coin opp laundry in the basement. Annual PRI $32,028. For the price of single family homes in Decorah, this is a bargain. Excellent opportunity to start out building wealth by living in one of the apartments while the mortgage is paid for by the other rent income. 24 hour notice and financial commitment letter required prior to showings. Some 3rd party sites may not get your inquiry request through to the correct agent, reach out to an agent directly for more information. Call today for a consultation on how to make this work for you!
MLS ID #:
NBR20241353

Property Address:
309 E Main St
Decorah, IA 52101

County:
Winneshiek

Region:
Outside the Metro Area

Year Built:
1890

Property Type:
Residential Income

Sub-Type:
Fourplex

Architectural Style:
Two Story

Number of Units:
4

School:
Decorah Community Schools

Date Listed:
April 9th, 2024

Status:
Pending

Price:
$220,000.00

Gross Taxes:
$2,418.00

Tenant Responsible:
Electricity, Water

Sale/Rent:
For Sale

Terms/Lease:
Over 9 Months

Sale/Lease Type:
Normal Sale

Docs on File:
Sellers Disclosure

Zoning:
R-3

Legal Desc:
LOT 1 & E 15' LOT 2 BLK 37 ORIG DECORAH

Laundry:
Lower Level

Basement:
Stone/Rock

Garage Type:
Garage, Parking Area, Detached

Garage/Parking:
Garage, Parking Area, Detached

Off-Street Parking:
4.00

Stories:
Two Story

Total Fin Sq Ft:
2,664 sq ft

Fin Below Grade:
1,332 sq ft

Above Grade Finished:
1,332 sq ft

Lot Sq Footage:
8,364

Lot Dimensions:
68x123

Reg/Irreg:
Reg

Acres:
0.19

Road Frontage:
Hard Surface Road

Siding:
Vinyl

Construction:
Vinyl Siding

Roof Type:
Asphalt

Exterior Amentities:
Deck, Porch

Utilities Available:
Cable Paid by Individual, Elec Individual Meters, Water - Multiple Meters

Water Type:
City

Sewer Type:
City Sewer

Fuel Type:
Other

Water Sep by Unit:
No

Elec Sep by Unit:
Yes

Heat Sep by Unit:
No

Heating:
Steam

Cooling:
None

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

Realtor/Equal Housing Lender Listing provided courtesy of Sweeney Real Estate.
Listing Agent: John Sweeney
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.

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  • 309 E Main St, Decorah, IA 52101
  • 309 E Main St, Decorah, IA 52101
  • 309 E Main St, Decorah, IA 52101
  • 309 E Main St, Decorah, IA 52101
  • 309 E Main St, Decorah, IA 52101
  • 309 E Main St, Decorah, IA 52101
  • 309 E Main St, Decorah, IA 52101
  • 309 E Main St, Decorah, IA 52101
  • 309 E Main St, Decorah, IA 52101
  • 309 E Main St, Decorah, IA 52101
  • 309 E Main St, Decorah, IA 52101
  • 309 E Main St, Decorah, IA 52101
  • 309 E Main St, Decorah, IA 52101
  • 309 E Main St, Decorah, IA 52101
  • 309 E Main St, Decorah, IA 52101
  • 309 E Main St, Decorah, IA 52101
  • 309 E Main St, Decorah, IA 52101
  • 309 E Main St, Decorah, IA 52101
  • 309 E Main St, Decorah, IA 52101
  • 309 E Main St, Decorah, IA 52101
  • 309 E Main St, Decorah, IA 52101