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    401 8th Street SW

    Altoona, IA 50009
    • $925,000
    • STATUS: Active
    • ON SITE: 26 days
    • MLS #: 614616
    UPDATED: 17 min ago
    $925,000
    • 24
      BEDS
    • 1.04
      ACRES
    • 16
      BATHS
    • 0
      1/2 BATHS
    • 9,728
      SQFT
    • $95
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1967
    County:
    Area:

    School Ratings & Info

    School District:

    Description

    This 16 unit, 2 building low rise complex is located on one of the highest traveled roads in Altoona, IA. The property is comprised of eight two-bedroom and eight one-bedroom units each with full kitchen & bath. Altoona has experienced steady growth and economical strength, which provide for solid rental occupancy. Cap rate of 7%, coin operated laundry & recently installed security system with cameras. All information obtained from seller and public records.

    Monthly Payment Calculator

    © 2020 Des Moines Multiple Listing Service. 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. Data is deemed reliable but is not guaranteed accurate by the MLS or Better Homes and Gardens Real Estate Innovations. Data last updated: 2020-10-20T07:21:54.53.
    www.searchcentraliowahomes.com/homes/110302606
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    401 8th Street SW Altoona, IA 50009

    • Price: $925,000
    • Status: Active
    • Updated: 17 min ago
    • MLS #: 614616
    24
    Beds
    16
    Baths
    0
    ½ Baths
    1.04
    Acres
    9,728
    SQFT
    $95
    $/SQFT
    1967
    Built
    Neighborhood:
    Altoona
    County:
    Polk
    Area:
    Altoona
    School District:
    Southeast Polk
    Property Description
    This 16 unit, 2 building low rise complex is located on one of the highest traveled roads in Altoona, IA. The property is comprised of eight two-bedroom and eight one-bedroom units each with full kitchen & bath. Altoona has experienced steady growth and economical strength, which provide for solid rental occupancy. Cap rate of 7%, coin operated laundry & recently installed security system with cameras. All information obtained from seller and public records.
    Exterior Features

    Architectural Style Two Story Construction Materials Brick Foundation Details Poured Road Surface Type Concrete Roof AsphaltShingle

    Interior Features

    Appliances DryerMicrowaveRefrigeratorStoveWasher Basement Finished Basement YN Yes Cooling Central Air Flooring CarpetVinyl Furnished Unfurnished Heating Forced AirGasNatural Gas Heating YN Yes Interior Features Cable Tv

    Property Features

    Association Fee Includes InternetMaintenance GroundsMaintenance StructureSnow RemovalSee RemarksSecurityTaxesTrash Gross Income 10800 Lease Considered YN No Listing Terms CashConventional Lot Features Rectangular Lot Owner Pays InsuranceJanitorial ServiceTaxesWater Property Sub Type Multi Family Security Features Fire Alarm Sewer Public Sewer Tax Annual Amount 17919 Tenant Pays ElectricityGasInsurance Utilities Electricity AvailableNatural Gas AvailableWater Available Water Source Public Zoning C-1

    Listing provided courtesy of Re/Max Precision. © 2020 Des Moines Multiple Listing Service.
    © 2020 Des Moines Multiple Listing Service. 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. Data is deemed reliable but is not guaranteed accurate by the MLS or Better Homes and Gardens Real Estate Innovations. Data last updated: 2020-10-20T07:21:54.53.
     
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