271 NW Main ST Active Save Request In-Person Tour Request Virtual Tour
New Albin,IA 52160
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $66
MLS Listing ID 20251975
Year Built 1920
Annual Tax Amount $3,668
Property Description
Great investment opportunity in the heart of New Albin! With the only public laundromat in town, this property offers onsite laundry for the tenants as well as additional income potential from the local community. This well-maintained 5-plex features four 2-bedroom, 1-bath units and one spacious 3-bedroom, 1-bath unit, offering solid rental income potential. Each unit provides comfortable living spaces with functional layouts, and the property has a strong rental history. Whether you're looking to expand your portfolio or start investing, this multi-family property is a smart choice with room for continued growth. Current rental income of $3,300/month.
Location
State IA
County Allamakee
Zoning R-1
Interior
Cooling Window Unit(s)
Laundry 1st Floor,Laundry Room
Exterior
Parking Features On Street,None
Utilities Available Cable Paid by Individual,Elec Individual Meters,Garbage in Rent,Gas Prorated,Separate Meters,Water Prorated
View Y/N true
Roof Type Rubber,Asphalt
Building
Sewer Public Sewer
Water Public
Structure Type Stucco EIFS,Vinyl Siding
Schools
Elementary Schools New Albin
Middle Schools East Allamakee
High Schools East Allamakee
Others
Acceptable Financing NBR20251975
Listing Terms NBR20251975
Special Listing Condition Normal Sale
Virtual Tour https://my.matterport.com/show/?m=gXEASJRxrZM