21 4th St NE, Hampton, IA 50441
641-456-3607

1 3 5 1st Street SW Hampton IA 50441-1705

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$259,900

5671545

Listing: # 5671545

Status: Active(10/08/2020)

Description

Diversified downtown building in Hampton. 3 long term established business's and 7 apartments. Great location right west of the city park on the corner of 1 St SW and Highway 3. Excellent cash flow and return. The Sellers have done and excellent job with keeping maintenance current on this property. The apartment rental certificates were renewed in January 2020 and are good for 5 yrs and transferable to the new Owners. Any offer is subject to the current tenants leases which are in place. If you are looking for a good investment property call us today to schedule an appointment. All potential buyers subject to signing a confidentiality notice and pre approval for financing required. 14.9 percent cap rate m/l .

Listing Information
  • Sale/Rent : For Sale
  • Style : Other
  • Current Use : Beauty/Barber Shop,Business Service,Office
  • Total Number of Units : 6
  • Building Finished SqFt : 7620
  • List Date : 10/08/2020
  • Input Date : 10/09/2020 04:27 AM
  • Year Built : 1896
  • Potential Use : Diversified,Income,Professional
  • Acres : 0.19
  • Lot Size Dimensions : 66 x 124
  • TAX INFORMATION
  • Property ID # : 0733253006
  • Multiple PIDs? : No
  • Tax Year : 2020
  • Taxes : 4176
  • Tax With Assessments : 4,176.00
  • Assessment Pending : No
  • Homestead Desc : Other
General Information
  • Legal Desc : HAMPTON LOT 1 BLK 22
  • County : Franklin
  • School District Full : 2781 - Hampton-Dumont
  • School District Phone : 641-456-2175
  • Complex/Dev/Sub : Hampton
  • Zoning : Business/Commercial,Residential-Multi-Family
Units
  • Number of 1 BR Units : 6
  • Total Number of Units : 6
Structure Information
  • Heating : Forced Air
  • Fuel : Natural Gas
  • Air Conditioning : Central,Window
  • Parking Open : 12
  • Parking Characteristics : On-Street Parking Only,Other
  • Walls : Drywall
  • Sale Includes : Building,Rental License
  • Exterior : Brick/Stone,Wood
  • Roof : Other
  • Water : City Water/Connected
  • Sewer : City Sewer/Connected
Expenses / Income