REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by NextHome Prime Real Estate
$ 330,000
Est. payment | /mo
9,147 Sqft Lot
$ 330,000
Est. payment | /mo
9,147 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1920544
Year Built 1920
Annual Tax Amount $3,668
Tax Year 2023
Lot Size 9,147 Sqft
Acres 0.21
Property Description
Great investment opportunity in the heart of New Albin! With the only public laundromat in town, this property offers onsite laundry for the tenants as well as additional income potential from the local community. This well-maintained 5-plex features four 2-bedroom, 1-bath units and one spacious 3-bedroom, 1-bath unit, offering solid rental income potential. Each unit provides comfortable living spaces with functional layouts, and the property has a strong rental history. Whether you're looking to expand your portfolio or start investing, this multi-family property is a smart choice with room for continued growth. Current rental income of $3,300/month.
Location
State IA
County Out Of State
Zoning Residential
Rooms
Basement None
Interior
Heating Propane Gas
Cooling Propane Gas
Flooring No
Exterior
Exterior Feature Partial-Vinyl, Stucco/Slate
Parking Features Outdoor Space
Building
Dwelling Type Apartment Building
Water Municipal Sewer, Municipal Water
Schools
School District Eastern Allamakee - Iowa
Others
Virtual Tour https://my.matterport.com/show/?m=gXEASJRxrZM
Copyright 2025 Multiple Listing Service, Inc. - All Rights Reserved