122 E Jefferson Street #1, Winterset, IA 50273

$440,000

Attention income property investors! If you have been looking for the perfect property to add to your existing portfolio or if you are a beginning investor looking to start investing in multi-family real estate, this is the ideal property for you. This property contains six units: four (2 Bedroom and 1 bath) and two (1 Bedroom – 1 bath), with a gross annual revenue of $46,200 as of 03/31/26. The property has a number of tenants who have been residents for many years. There is potential for increased revenue generation for the units with the current market. The property was built in 1997 and has been well maintained to minimize future potential maintenance costs. The location is extremely desirable, situated about one block off of the Winterset square with easy access of all the area's major amenities and services.

Legal: UNIT 1 JEFFERSON ST APT N1/2 LT 1, E14' N1/2 LT 2 & W8' N1/2 E1/3 LT 2 BLK 17 ORI