422 8th Street, Boone, IA 50036
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422 8th Street, Boone, IA 50036
422 8th Street, Boone, IA 50036
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$ 120,000
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422 8th Street Boone, IA 50036

2 Beds

1 Bath

1,100 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Residential

Listing Status Active

Purchase Type For Sale

Square Footage 1,100 sqft

Price per Sqft $109

MLS Listing ID 748935

Style Ranch

Bedrooms 2

Full Baths 1

Construction Status Resale

HOA Y/N No

Year Built 1920

Annual Tax Amount $2,373

Property Sub-Type Residential

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.

Location

State IA

County Boone

Area Boone

Rooms

Basement Unfinished

Main Level Bedrooms 2

Interior

Heating Forced Air, Gas, Natural Gas

Cooling Central Air

Fireplace No

Appliance Dryer, Refrigerator, Stove, Washer

Exterior

Parking Features Detached, Garage, Two Car Garage

Garage Spaces 2.0

Garage Description 2.0

Roof Type Asphalt,Shingle

Private Pool No

Building

Foundation Block, Brick/Mortar

Sewer Public Sewer

Water Public

New Construction No

Construction Status Resale

Schools

School District Boone

Others

Senior Community No

Tax ID 088426282182002

Monthly Total Fees $197

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Listed by Keller Williams Realty GDM
Chris Betts

Chris Betts

Broker Associate License ID: B67497000

+1(515) 231-9180

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422 8th Street