1511 5th Street, Boone, IA 50036
- $60,000
- 2
- BD
- 1
- BA
- 840
- SqFt
- List Price
- $60,000
- Status
- ACTIVE
- Days on Market
- 2
- MLS#
- 748920
- Subtype
- Residential
- Style
- Ranch
- Architectural Style
- Ranch
- Year Built
- 1884
- Bedrooms
- 2
- Bathrooms
- 1
- Full Baths
- 1
- Living Area
- 840
- MLS Area Major
- Boone
Property Description
INVESTOR PORTFOLIO OPPORTUNITY! Three occupied rental properties in Boone offered together for $220,000. The portfolio includes 1511 5th St, 422 8th St, and 1415 5th St. All three homes are currently occupied and feature 2 bedrooms and 1 bathroom. Combined rental income is $2,350/month, providing a strong 12.8% gross rent to purchase price ratio before expenses. A great opportunity for an investor looking to acquire multiple income producing properties in one transaction. All three properties are being sold AS IS. Please do not disturb tenants. Showings require appropriate notice.
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Additional Information
- Taxes
- $1,575
- Property Description
- Ranch
- Zoning
- Res
- Appliances
- Dryer, Refrigerator, Stove, Washer
- Heating
- Forced Air, Gas, Natural Gas
- Air Conditioning
- Central Air
- Stories
- 1
- Roof
- Asphalt, Shingle
- Foundation
- Brick/Mortar
- Parking Features
- Carport, Detached, Garage, One Car Garage
- Garage Spaces
- 1
- School District
- Boone
Mortgage Calculator
Listing courtesy of Kala Yamen with Keller Williams Realty GDM
Data courtesy of the Des Moines Area Association of REALTORS