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

1217 2nd Street Webster City IA 50595-1201

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$340,000

5692644

Listing: # 5692644

Status: Active(12/07/2020)

Description

A unique opportunity to live in an updated 2 story home with lots of amenities and own a 6 plex and 4 plex apartments. Good cash flow and 11 percent cap rate. The interior and exterior of the Home and apartments have been very well maintained by the owner with numerous updates. Excellent location on 2nd St. close to the grocery stores, convenience store and downtown all within walking distance. Look at the pictures to see how beautiful the home is and the character it has with the unique original wood work. Kitchen and many other parts of the house have been updated. 48 hr. notice to view give us a call today to schedule your appointment.

Listing Information
  • Sale/Rent : For Sale
  • Style : Apartment
  • Current Use : Residential
  • Total Number of Units : 11
  • Building Finished SqFt : 2427
  • List Date : 12/07/2020
  • Input Date : 12/09/2020 10:49 PM
  • Year Built : 1920
  • Potential Use : Other
  • Acres : 0.13
  • Lot Size Dimensions : 200 x 126.25
  • TAX INFORMATION
  • Property ID # : 40882601102015
  • Property ID #2 : 40882601102014
  • Property ID #3 : 40882601102017
  • Multiple PIDs? : Yes
  • Tax Year : 2020
  • Taxes : 6088
  • Tax With Assessments : 6,088.00
  • Assessment Pending : No
  • Homestead Desc : Other
General Information
  • Legal Desc : WILLSON FUNK & CO W 44' LT 16 BLK 9
  • County : Hamilton
  • School District Full : 6867 - Webster City
  • School District Phone : 515-832-9200
  • Zoning : Residential-Multi-Family,Residential-Single Family
  • Owner Occupied : 1
Units
  • Number of 1 BR Units : 9
  • Number of 2 BR Units : 9
  • Total Number of Units : 11
Structure Information
  • Heating : Baseboard,Forced Air
  • Fuel : Natural Gas
  • Air Conditioning : Central,Window
  • Garage Stalls : 2
  • Parking Open : 15
  • Parking Characteristics : Attached Garage,Carport,Uncovered/Open
  • Sale Includes : Fixture/Equipment,Leases,Building
  • Exterior : Vinyl,Wood
  • Roof : Asphalt Shingles,Metal
  • Water : City Water/Connected
  • Sewer : City Sewer/Connected
Expenses / Income
  • Expense Electric : 10800
  • Expense Insurance : 2800
  • Expense Trash : 12000
  • Expense Water Sewer : 2400
  • Expenses : 26588
  • Gross Income : 63600
  • NetIncome : 37012