1415 5th Street, Boone, IA 50036
$40,000
- MLS# 748928
- Bedrooms 2
- Bathrooms 1
- Total Sq.ft 854
- Property Type Residential
- Style Ranch
- Stories 1
- Basement Unfinished
- Year Built 1905
Property Description
INVESTOR PORTFOLIO OPPORTUNITY! Three occupied rental properties in Boone offered together for $220,000. The portfolio includes 1511 5th St, 422 8th St, and 1415 5th St. All three homes are currently occupied and feature 2 bedrooms and 1 bathroom. Combined rental income is $2,350/month, providing a strong 12.8% gross rent to purchase price ratio before expenses. A great opportunity for an investor looking to acquire multiple income producing properties in one transaction. All three properties are being sold AS IS. Please do not disturb tenants. Showings require appropriate notice.
Legal: BLOCK 164: E 50.25' OF W 136.45' OF LOT 6 (EX N 20.7' OF E 5.5') NW NW
Legal: BLOCK 164: E 50.25' OF W 136.45' OF LOT 6 (EX N 20.7' OF E 5.5') NW NW
Active
Property Information
Features
Utilities
Miscellaneous
LISTED BY
Keller Williams Realty GDM, Kala Yamen (515.205.2171)
Property Location
Request Info For MLS #748928
Share
Mortgage Calculator
Market Watch
Subscribe To Our Newsletter
The newsletter is sent periodically and will update you on the latest real estate news and offers.
