Lifestyle Property For Sale-271 NW Main ST, New Albin, IA 52160By U...

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Listed by Bret Doll • Next Home Prime Real Estate

$330,000

Est. payment - /mo

5,000 SqFt

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UPDATED:

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

Lot Dimensions 150.00x62.00

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

Rooms

Basement None

Interior

Cooling Window Unit(s)

Fireplace N

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

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