Property Description

If you are looking to add another investment to the portfolio - take a second look at this income-producing property. Five 1-bed, 1-bath apartments and one three-bed, 1-bath with a strong rental history and consistent demand are now available with a great location just off the square in Kahoka. Five are currently rented out and one left empty for showing purposes - if not sold, it will be rented by November 1. Each unit has a refrigerator & stove that will convey, and five units have a washer/dryer that will also convey. All units were updated between 8-10 years ago, and the brick exterior makes this an efficient and low-maintenance building. Two units each have central air and forced air heat, the remainder have boiler hot water floor heat and window unit a/c. This is a very walkable location to all downtown attractions, restaurants and the school, and located right across from the town square. There is a lot happening on the Kahoka square and nearby - retail, restaurants, healthcare & more - now might just be the time to invest! Utility providers include City electric/water/sewer/trash and Liberty Gas.Multi units like this are in high demand and don't hit the market often - especially with a full rent roll.

Property Features

Local Schools