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532 5th Street

Boone, IA 50036
  • $380,000
  • STATUS: Active
  • ON SITE: 39 Days
  • MLS #: 671971
UPDATED: 75 min ago
$380,000
  • 10
    BEDS
  • 0.12
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1920
County:
Area:

School Ratings & Info

School District:

Description

Amazing transformation from a 7-apartment building to now 8 apartments increasing the potential for your investment. This is comprised of 6 one bedroom/ 1 bath apartments and 2 two bedroom / 1 bath apartments. This cash-flowing asset features newly updated roof in 2021, new plumbing in 2022, all new interior paint, LVP flooring, and new tenants. New gutters 2023. No hassle if out of state. This is currently being managed by Gemstone Property Management. Renovations are continuing to make ready for new tenants. Each unit has its own gas and electric meters that are paid by the residents. The landlords pay for water and garbage. There are newly installed washers and dryers for extra profits. Residents enjoy the nearby proximity to the high school, downtown and the city of Ames. This is a must see.

Monthly Payment Calculator

© 2023 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: 2023-06-06T20:22:08.147.
www.searchcentraliowahomes.com/homes/138943718
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532 5th Street Boone, IA 50036

  • Price: $380,000
  • Status: Active
  • On Site: 39 Days
  • Updated: 75 min ago
  • MLS #: 671971
10
Beds
8
Baths
0
½ Baths
0.12
Acres
1920
Built
Neighborhood:
Boone
County:
Boone
Area:
Boone
School District:
Boone
Property Description
Amazing transformation from a 7-apartment building to now 8 apartments increasing the potential for your investment. This is comprised of 6 one bedroom/ 1 bath apartments and 2 two bedroom / 1 bath apartments. This cash-flowing asset features newly updated roof in 2021, new plumbing in 2022, all new interior paint, LVP flooring, and new tenants. New gutters 2023. No hassle if out of state. This is currently being managed by Gemstone Property Management. Renovations are continuing to make ready for new tenants. Each unit has its own gas and electric meters that are paid by the residents. The landlords pay for water and garbage. There are newly installed washers and dryers for extra profits. Residents enjoy the nearby proximity to the high school, downtown and the city of Ames. This is a must see.
Exterior Features

Architectural Style Threestory Construction Materials BrickStucco Foundation Details Block Levels Threeormore Road Surface Type Asphalt Roof AsphaltShingle

Interior Features

Appliances CooktopDryerRefrigeratorStoveWasher Basement Partial Basement YN Yes Cooling Windowunits Cooling YN Yes Flooring Tile Heating ElectricForcedairGas Heating YN Yes

Property Features

Association Fee Includes MaintenancegroundsSnowremovalTaxesTrash Community Features LaundryfacilitiesStoragefacilitiesSidewalks Gross Income 5250 Lease Considered YN No Listing Terms CashConventional Lot Size Dimensions 45X120 Operating Expense 2050 Owner Pays InsuranceTaxesWater Security Features FirealarmSmokedetectors Sewer Publicsewer Tax Annual Amount 3889.78 Tax Year 2023 Tenant Pays ElectricityGasInsurance Utilities ElectricityavailableNaturalgasavailableWateravailable Water Source Public Zoning Res

Listing provided courtesy of Keller Williams Realty Gdm: (515) 334-4900. © 2023 Des Moines Multiple Listing Service.
© 2023 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: 2023-06-06T20:22:08.147.
 
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