422 8th Street, Boone, IA 50036
$120,000
- MLS# 748935
- Bedrooms 2
- Bathrooms 1
- Total Sq.ft 1,100
- Property Type Residential
- Style Ranch
- Stories 1
- Basement Unfinished
- Year Built 1920
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: W 90' LOT 1 BLK 88 (EX R.O.W. OF UNION PACIFIC RR CO) NE NW
Legal: W 90' LOT 1 BLK 88 (EX R.O.W. OF UNION PACIFIC RR CO) NE NW
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LISTED BY
Keller Williams Realty GDM, Kala Yamen (515.205.2171)
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