Asking: $350,000
Type: Four Plex
Address: 505 4th Street
City: Delhi
State: IA
ZIP: 52223
Area: West
Class: Multi-family
County: Delaware
# Units: 4
Garage Capacity: 1
Garage Type: Built-in/Under
Year Built: 1979
Est Sq Ft Main Lvl: 2,304
Est Sq Ft Upper Lvl: 2,304
Est Sq Ft Lower Lvl: N/A
Total Finished Sq Ft: 4,608
Parcel ID: N/A
Lot Size: N/A
Yr Rents: $$50,400.00
Yr Gross: $$54,600.00
Yr Other: $$4,200.00
Expenses Insurance: $$2,947.74
Expenses Management: $N/A
Expenses Taxes: $$1,125.00
Expenses Maintenance: $N/A
Expenses Vacant: $N/A
Expenses Utilities: $$7,479.00
Expenses Other: $N/A
Est. Total Expenses: $$11,692.02
Est. Net Income: $$42,907.02
Unit 1 Rooms: 3
Unit 1 Bedrooms: 2
Unit 1 Baths: 1
Unit 1 Rent: $$1,150
Unit 2 Rooms: 3
Unit 2 Bedrooms: 2
Unit 2 Baths: 1
Unit 2 Rent: $$1,150
Unit 3 Rooms: 3
Unit 3 Bedrooms: 2
Unit 3 Baths: 1
Unit 3 Rent: $$855
Unit 4 Rooms: 2
Unit 4 Bedrooms: 1
Unit 4 Baths: 1
Unit 4 Rent: $$900
Unit 5 Bedrooms: -
Unit 5 Baths: -
Unit 5 Rent: $-
Unit 6 Bedrooms: -
Unit 6 Baths: -
Unit 6 Rent: $-
Unit 7 Bedrooms: -
Unit 7 Baths: -
Unit 7 Rent: $-
Style:
Siding: Steel Siding
Roof: Steel
Foundation:
Basement:
Owner Pays: Gas, Water, Electric, Heat, Trash
Tenant Pays: None
Appliances: Refrigerator, Range, Microwave, Washer, Dryer, Water Softener
Cooling: Window Unit, Wall Unit
Fuel Type: Gas
Heat Type: Forced Air
Parking: Off Street, On Street
Terms: Cash, Contract
Looking for additional cash flow or eager to expand your portfolio? Your path to success begins in Delhi with this fully rented fourplex. Each unit has been tastefully updated, and the building even includes a laundromat! There's more space for a 5th unit as well. This is an incredible opportunity you won't want to miss!