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Description
Great investment opportunity available with this 7 unit apartment building. All units are currently occupied with a monthly gross income of $3625. All units have separate electric meters with the landlord paying water, sewer and trash.
Property Highlights
Property Type: Commercial - Investment
Year Built: 1900
General Information
County: Wapello
Listed By:
Lynch Realty Inc
641-664-2275
No Coast MLS
MLS ID: 6337571
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436 N Jefferson Street, Ottumwa, IA 52501.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $165,000 | $165,000 | $165,000 |
| Down Payment | $33,000 | $5,775 | $41,250 |
| Monthly Mortgage Amount | $781 | $971 | $1,003 |
| Taxes | $230 | $230 | $230 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $73 | $0 |
| Monthly Estimated Total | $1,111 | $1,374 | $1,333 |