Multi-Family Properties for Sale in Ames, Iowa - Apartment Buildings for Sale | Friedrich Iowa Realty
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48307
127 Mathews DRIVE
Gilbert, IA 50105
/ Month *
$1,250,000.00
MLS Number:   48307
Property Type:   Multifamily
Address:   127 Mathews DRIVE
City:   Gilbert
Zip:   50105
Lot Size:   2.12 Acres
Year Built:   1972

Description

Great income property in the heart of Gilbert. Five-4 plex's all 2 bedroom with 1.5 baths. All units either have a patio or deck. Washer and dryer in each building. Great rental history, no vacancy. Walking distant to all schools. 10 minute drive to Ames.Sale includes parcel numbers 05-04-475-210, 05-04-475-220, 05-04-475-230, 05-04-475-240, 05-04-475-300180, 188, 190, 198 1st Street, Gilbert127 Mathews Dr., Gilbert

Details

EXPENSES $56,197
NET INCOME $78,103
TENANT PAYS Water, Heat, Electric, Cable
OWNER PAYS Snow Removal, Lawn Care, Trash
GROSS INCOME $134,300
Listing Courtesy of Hunziker & Assoc.-Ames
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