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128 3rd Street NW

Mason City, IA 50401
  • $134,900
  • STATUS: Pending
  • ON SITE: 12 Days
  • MLS #: 639034
Pending
UPDATED: 14 min ago
$134,900
  • 4
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,209
    SQFT
  • $61
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1910
County:
Area:

School Ratings & Info

School District:

Description

Dont miss this opportunity to cash flow on this four unit multi family property that has been well maintained. With current market rental rates this should easily rent out for $2400+ per month with all units occupied. Everything is in great working condition and is now move in ready. Location, location, location, four blocks away from Central Park and the heart of downtown Mason City. Updates include: seamless gutters, new privacy fence, new light fixtures, new windows for one unit, some new flooring and fresh coat of paint on the walls. Large unfinished basement that possibly could be turned into a fifth unit with its own entrance. All new blinds and some new window treatments, appliances stay and are in good condition. Four units consist of the following: large studio, two 1 bedrooms units and one large two bedroom unit. Two bedroom unit has a large covered porch that looks out to the units own fenced in yard. Also, this unit has a gate to pull in car for off street parking.

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© 2021 Des Moines Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Pennie Carroll & Associates. Data last updated: 2021-10-18T13:21:57.837.
www.penniecarroll.com/homes/122102177
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128 3rd Street NW Mason City, IA 50401

  • Price: $134,900
  • Status: Pending
  • Updated: 14 min ago
  • MLS #: 639034
4
Beds
0
Baths
0
½ Baths
0.15
Acres
2,209
SQFT
$61
$/SQFT
1910
Built
Neighborhood:
Other
County:
Cerro Gordo
Area:
Other
School District:
Outside School District
Property Description
Dont miss this opportunity to cash flow on this four unit multi family property that has been well maintained. With current market rental rates this should easily rent out for $2400+ per month with all units occupied. Everything is in great working condition and is now move in ready. Location, location, location, four blocks away from Central Park and the heart of downtown Mason City. Updates include: seamless gutters, new privacy fence, new light fixtures, new windows for one unit, some new flooring and fresh coat of paint on the walls. Large unfinished basement that possibly could be turned into a fifth unit with its own entrance. All new blinds and some new window treatments, appliances stay and are in good condition. Four units consist of the following: large studio, two 1 bedrooms units and one large two bedroom unit. Two bedroom unit has a large covered porch that looks out to the units own fenced in yard. Also, this unit has a gate to pull in car for off street parking.
Exterior Features

Construction Materials Metal Siding Foundation Details Block Levels One And One Half Road Surface Type Asphalt Roof AsphaltShingle

Interior Features

Appliances MicrowaveRefrigeratorStove Basement Unfinished Basement YN Yes Below Grade Finished Area 0 Cooling None Heating Forced AirGasNatural Gas Heating YN Yes

Property Features

Electric On Property YN Yes Lease Considered YN No Listing Terms AssumableCashConventionalFhaSee RemarksVa Loan Lot Features Rectangular Lot Owner Pays ElectricityGasInsuranceWater Property Sub Type Multi Family Sewer Public Sewer Tax Annual Amount 0 Tax Year 2020 Utilities Electricity AvailableNatural Gas AvailableWater Available Water Source Public Zoning Multi

Listing provided courtesy of Progressive Real Estate Rn,Llc. © 2021 Des Moines Multiple Listing Service.
© 2021 Des Moines Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Pennie Carroll & Associates. Data last updated: 2021-10-18T13:21:57.837.
 
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Pennie Carroll & Associates
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Des Moines IA, 50317