120 W 1st Street, Sutherland, IA 51058 (MLS# 19-948)


$205,000
120 W 1st Street
Sutherland, IA 51058
MLS# 19-948
12 beds


Front of 120 Building faces East & South
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Front of 120 Building faces East & South Front of 200 Building facing East Rear of 120 Building faces North 120 W 1st Street, Sutherland, IA 51058 Front of 200 Building faces West & South Front of 200 Building facing West 120 W 1st Street, Sutherland, IA 51058 120 W 1st Street, Sutherland, IA 51058 120 W 1st Street, Sutherland, IA 51058 120 W 1st Street, Sutherland, IA 51058 120 W 1st Street, Sutherland, IA 51058

Property Description
FULLY OCCUPIED INVESTMENT OPPORTUNITY!! These low maintenance, easy entry 2 Quadruplexes offer a total of 8 units. Each Quadruplex has 2-2 bedroom 1 bath units and 2-1 bedroom 1 bath units with a community laundry room in each building. Washers & dryers are coin operated to earn a little extra income. All the apartments are currently occupied and historically have a very low vacancy rate. New roofs, gutters & storm windows. There is also some unused land that may be an option to sell.

Details
Status Change Info
Status: Active
Location, Tax and Other Information
House Number: 120
Street Dir Pfx: W
Street: 1st
Street Suffix: Street
Postal City: Sutherland
State/Province: IA
Zip Code: 51058
County: O'Brien
Legal: ORIGINAL TOWN LOT 1 & W 40' OF VACATED ASH ST. AND BEG. AT INTERSECTION OF N LINE OF FIRST ST. & E LINE OF ASH ST., N 240', SE TO A PT 80' E OF ASH ST., S 35', SE TO A PT 100' E OF ASH ST., S 180', W 100' TO BEG. *see abstract for full legal*
Parcel Number: 0000501800
School District: South O'Brien
Waterfront: No
Tax Classification: Non-Homestead
Tax Year: 2017
Tax Amount: 2572
Assessments: No
Taxes w/Assessments: 2572
Contract Information
For Sale/Lease: For Sale
List Date: 2019-06-21
List Price: $205,000
Owner is Agent: No
Furnished: No
Sign on Property: No
General Property Information
Type of Property: Quadruplex
Living Area Source: Assessor
Finished Above Grade: 5621
Current Price: $205,000
# Units: 8
Total Bedrooms: 12
Total Bathrooms: 8
Year Built: 1975
Aprox Lot Dimensions: Irregular
Lot Size Source: Assessor
Lot SqFt: 34301.25
Approx Nbr of Acres: 0.79
Flood Zone: Unknown
Fireplace: No
Directions & Remarks
Directions: Use GPS
Property Features
Garage Type: None
Basement Material: Concrete Block
Basement Style: Crawl Space
Basement Features: None
Construction Type: Frame/Wood
Exterior: Brick; Vinyl
Heat: Baseboard
Fuel: Electric
Levels: One
Special Search: Main Floor Bedrooms; Main Floor Laundry
Roof: Asphalt Shingles
Mechanicals: Water Heater - Elec
Owner Expenses: Lawn; Maint/Repair; Snow; Trash; Water/Sewer
Tenant Expenses: Cable TV; Electric
Amenities - Shared: Coin-op Laundry Ownd
Road Frontage: Paved
Lot/Land Description: Irregular Lot; Landscaped; Tree Coverage-Medium
Property Condition: Updated/Remodeled
Terms: Cash; Conventional

Listing Office: Northwest Iowa Realty

Listing Agent: Cristy Jones

Last Updated: June - 27 - 2019

Copyright 2016 Iowa Great Lakes Board of Realtors. Based on information from Iowa Great Lakes Board of Realtors. The advertisers and publishers are not responsible or liable for misinformation, misprints, or other errors. All information provided is deemed reliable but is not guaranteed and should be independently verified. Prices subject to change without notice. Properties subject to prior sale or rental.

Monday 19th of August 2019 10:20 AM