4304 V St Homestead, IA 52236 Multi Unit - Multiple Pending

Pending
  • 4304 V St, Homestead, IA 52236 Main Photo

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Description

Exceptional investment opportunity in the heart of Homestead with strong cash flow on day one! This property features a 4-unit historic multifamily property paired with an exceptional 3-bedroom single family home! With tenants in every unit, including the single-family home, this property has immediate income with proven long-term potential. Residents enjoy a large outdoor common space and off-street parking for every unit, a rare and valuable amenity. The single-family home on the property boasts updates throughout and provides excellent income or future owner-occupant flexibility. With its proximity to local industry and rental demand, this property is poised for continued success. Priced well under assessed value, this is a compelling opportunity for investors seeking a turnkey property with built-in equity and consistent returns.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 7
Bathrooms: 4
County: Iowa
High School: Clear Creek
Subdivision: HOMESTEAD
Listed By:
Iowa Elite Marketing Group 319-642-0254 Trent Forrest
ICAAR MLS

Units

Unit 1:
Bedrooms: 2
Baths Full: 1
Rent: $550.00
Unit 2:
Bedrooms: 2
Baths Full: 1
Rent: $750.00
Unit 3:
Bedrooms: 2
Baths Full: 1
Rent: $750.00
Unit 4:
Bedrooms: 1
Baths Full: 1
Rent: $660.00
$150,000
Est. $1,009/mo
7beds
4baths
Pending
BEDS7 BATHS4 full MLS#202601327
STATUSPending PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONHOMESTEAD

Get in Touch

agent picture

Shown By

Agent Name: BERG Real Estate BERG Real Estate Team
Agent Phone: (309) 737-7444
Agency Title: Ruhl&Ruhl Realtors
Agent Email:

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4304 V St, Homestead, IA 52236.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $150,000$150,000$150,000
Down Payment $30,000$5,250$37,500
Monthly Mortgage Amount $700$848$912
Taxes $209$209$209
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$66$0
Monthly Estimated Total $1,009$1,223$1,221

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