120 W Washington
Gilman, IA 50106
MLS #35015727

Multi Family
  • 0.46acres
  • 20,038sq ft
$130,000
Est. P&I payment: $496.51/mo
120 W Washington, Gilman, IA 50106
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Description for 120 W Washington, Gilman, IA 50106
Great Cash flowing 4-plex apartment building! 4-2 bedroom 1 bath units. Excellent occupancy rate. Each unit rents for $500 except one for $475 to a long time tenant. Updates include flooring, kitchen cabinets and counters, new doors, new gutters, and a new roof. All appliances and coin operated laundry included. Fully occupied for a turn key investment!
MLS #35015727
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My Notes for MLS #35015727

General Features

  • Acres: 0.46
  • Area: West
  • Lot Square Footage: 20,038
  • Price Per Acre: 282,608.7
  • Price Per Square Foot: 84.64
  • Property Subtype 1: Apar
  • Property Type: Multi Family
  • Square Footage: 1,536
  • Year Built: 1981
  • Disability Access: No
  • Common Features: Carpets,​Common Util. Room,​Patio,​W/D Hookups
  • Lawn and Snow Care: 60
  • Lot Dimensions: 110x180
  • Parking: Lot
  • # Park Spc (Not Gar): 6
  • Road Surface: Hard Surface
  • Roof: Composition
  • Total # of Units: 4
  • Trash/Garbage: 85
  • Zoning: Multi-Residential

Miscellaneous Features

  • Auction: N

Interior Features

  • Common Appliances: Dryer-Coin,​Washer-Coin

Financial Features

  • Annual Gross Income: 23,700
  • Monthly Insurance: 60
  • Monthly Tax: 148
  • Net Tax: 1,776
  • Total Month Expenses: 598
  • Util. Paid by Owner: Common Area Only,​Garbage,​Water
  • Util. Paid by Renter: Cable/Satellite,​Electricity,​Internet
  • Net Annual Income: -16,524

Utility Features

  • Cooling: Window A/C
  • Heating: Other/See Remarks
  • Utilities: 120
  • Water: 125

School Features

  • Schools: East Marshall

Exterior Features

  • Exterior: Bric
The listing information for 120 W Washington, Gilman, IA 50106 was graciously provided by our friends at the listing brokerage, Patriot Realty

Location

 
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P&I Payment $496.51
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on McNaul Real Estate Inc.'s websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. McNaul Real Estate Inc., Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 10/19/2018 at 9:53pm
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