Step 1- Call your financial institution and get a pre-approval letter. Step 2- Call a Realtor. Step 3- Start making money month 1 on this investment property. Owner is also selling 102 S Davis Ottumwa IA 52501 Discover an incredible investment opportunity with this triplex, generating a steady monthly gross income of $1,465 per month. This property offers a great return on investment and is perfect for both seasoned investors and those new to real estate. Property Details: -1st floor 1 bedroom apartment with garage access $465 -1st floor Efficiency apartment $425 no garage access -2nd floor 1 bedroom $575 no garage access Expenses: -Owner pays water, trash, and gas for entire triplex. There are 2 electrical services owner pays for the first floor electric that is for both 1st floor units and upstairs electric is separate and is paid for by the tenant This triplex offers a balanced blend of convenience and profitability. Don’t miss out on this fantastic opportunity to add a high-performing asset to your portfolio. Schedule a viewing today and take the first step towards financial freedom
MLS# | 6317579 |
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Listing Type | For Sale |
Style | Town House / Duplex |
Status | Active - Contingent |
Year | 1920 |
Days On Site | 141 |
Listing Provided By | Ottumwa Realty | Derek Gates |
SQ Feet | 1,552 |
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Garage | 2 |
Basement | Y |
Story(s) | 2 |
State | IA |
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County | Wapello |
City | Ottumwa |
Zip Code | 52501 |
Area | Wapello |
Community Name | IA |
School District | 5049 - Ottumwa |
Listing VS Median (in IA) | |
Price: $72,500 low | high Med: $179,900 SqFt: 1,552 low | high Med: 2,150 $ / SqFt: $47 low | high Med: $84 On Site: 141 low | high Med: 194.000000 |