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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.
Property Features
Property Type: Residential - Single Family
Basement: Unfinished
Cooling: Central Air
Garage: 1
Heating: Forced Air, Gas, Natural Gas
Home Style: Ranch
Roof Type: Asphalt, Shingle
Stories: 1.0
Taxes: $1,575
Year Built: 1884
Feature Descriptions
Appliances: Dryer, Refrigerator, Stove, Washer
Days on Site: 48
Exterior: Asbestos, Wood Siding
Parcel#: 088426272282105
Parking: Carport, Detached, Garage, One Car Garage
Parking Notes: Carport, Detached, Garage, One Car Garage
Sewer: Public Sewer
Water: Public
Local Schools
School District: Boone
Listed By / Shown By
Listed By
Agency Name: Keller Williams Realty GDM
Agency Phone: (515) 334-4900
Shown By
Agency Title: Hunziker & Associates, REALTORS
Agency Phone: 515-233-4450
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Estimated Payment
$ 452.14 per month $303.39 Principal & Interest $131.25 Property Tax $17.50 Homeowner's InsuranceChange Payment Information
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1511 5th Street | MLS# 748920
This single family home located at 1511 5th Street, Boone, IA 50036 is currently listed for sale with an asking price of $60,000. This property was built in 1884 and has 2 bedrooms and 1 full baths with 840 sq. ft. 5th Street is located within the Boone school district. Search Boone real estate on www.hunzikerrealty.com today.