$1,025,000
Active
67 Days Online
0 Beds0 Baths7,874 SQFT
Active

715 Ridge View Road Monticello, IA 52310

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An 18-unit multi-family apartment complex is available for purchase. The building comprises 14 two-bedroom units and four one-bedroom units. The property offers several opportunities to add value for a new owner. Rents have been increasing steadily, and there is still ample room for further growth. Six detached garages are available to tenants who require covered parking. Additionally, there is a large vacant lot next to the building that can accommodate another 12 units. The property features a metal roof and newer utilities. A brand-new laundry facility was recently installed, and the lower level has plenty of storage space available for the owner to rent out.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyJones
  • Taxes$10,684
  • HOA/Condo/Coop Fees$0
  • Days on Site66 Days
  • MLS StatusActive
  • MLS ID Number2401760
  • Home Size Source N/A
  • Year Built1972
  • Lot Size1.3 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction BrickFrameVinyl Siding
  • Parking Parking Spaces
  • Sewer Public Sewer
  • Basement Full
  • Acreage 1.3
  • Water Public
  • Property Sub Type Multi Family

Interior Features

  • Cooling Wall Window Units
  • Heating Electric
  • Laundry Features Common Area

Community Features

  • Pets Yes
  • MLS Area OT-E (East of I-380)

Schools

School District
Unknown
Elementary School
Monticello
Middle School
Monticello
High School
Monticello

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Monthly Payment (Est.)

$5,422
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