Turnkey investment opportunity! This beautifully maintained 8-plex on the south side of Ames features a strong rental history and long-term tenants, delivering cash flow from day one. There are 4 2BR units, 2 3BR units, and 2 4BR units, each with 2 full baths. Two recently renovated vacant units are available for immediate showings. A solid, income-producing property with professional management team in place if needed.
| MLS # | 69441 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1996 |
| Days On Site | 182 |
| Listing Provided By | RE/MAX REAL ESTATE CENTER | Mark Greenfield |
| SQ Feet | 8,267 |
|---|---|
| Basement | Y |
| Story(s) | 3 |
| Units | 8 |
| Zoning | RH |
| Acreage | 0.57 |
| Heating | Forced Air, Natural Gas |
|---|---|
| Heating Yes / No | Yes |
| Cooling | Central Air |
| Cooling Yes / No | Yes |
| Foundation Details | Poured |
|---|
| Garage Yes / No | No |
|---|
| Sewer | Public Sewer |
|---|---|
| Water Source | Public |
| Tax Legal Description | CROWN POINT CONDOMINIUMS III AMES |
|---|---|
| Tax Assessed Value | 1093700 |
| Tax Annual Amount | 13932 |
| State | IA |
|---|---|
| County | Story |
| City | Ames |
| Zip Code | 50010 |
| Area | Ames SW |
| Subarea | Ames SW |
| School District | Ames |
| High School | Ames |
| Listing VS Median (in 50010) | |
Price: $950,000 low | high Med: $349,000 sqft: 8,267 low | high Med: 1,640 $ / sqft: $115 low | high Med: $213 On site: 182 low | high Med: 60 | |
| State | IA |
|---|---|
| County | Story |
| City | Ames |
| Zip Code | 50010 |
| Area | Ames SW |
| Subarea | Ames SW |
| School District | Ames |
| High School | Ames |
| Listing VS Median (in 50010) | |
Price: $950,000 low | high Med: $349,000 sqft: 8,267 low | high Med: 1,640 $ / sqft: $115 low | high Med: $213 On site: 182 low | high Med: 60 | |