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2 N Hazel St, Glenwood, IA 51534

$175,000
2,800
SqFt
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Sold Price
$175,000
List Price
$207,000
Status
CLOSED
Days on Market
39
Closing Date
Feb 14, 2025
MLS#
24-2444
Subtype
MultiFamily
Year Built
1890
Living Area
2,800
Neighborhood
Area 12
MLS Area Major
Area 12
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Property Description

Welcome to this incredible real estate investment opportunity in Glenwood, Iowa! This 4 plex property boasts a rent roll of $3500+ with separate electrical meters for each unit. The potential to increase rents and implement RUBS (Ratio Utility Billing System) makes this an enticing value-add opportunity for any savvy investor. Don't miss out on the chance to capitalize on this promising income-generating property in a desirable location.

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Additional Information

Appliances
Refrigerator, Range
Air Conditioning
Window/Wall
Roof
Composition
Elementary School
GLENWOOD
Middle School
Glenwood
High School
Glenwood
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Calculator source: Real Geeks

Listing courtesy of Kody Stowell with Heartland Properties

Selling Office: Better Homes and Gardens Real Estate The Good Life Group.