Skip To Content
    Return to Previous Page

    500 & 502 Henderson St

    Olin, IA 52320
    • $315,000
    • STATUS: Active
    • ON SITE: 262 days
    • MLS #: 20196785
    UPDATED: 203 min ago
    $315,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1994
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    What a great investment! 2 4-Plex buildings that are 100% occupied. This investment has GREAT cash flow. All units have a detached garage and coin laundry in each building. They have been well maintained and ready for their next landlord. See attached for "Rental" income of each unit.

    Monthly Payment Calculator



    © 2020 Iowa City Area Association of Realtors. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Johnson Team. Data last updated: 2020-09-22T00:25:38.243
    www.gwenjohnson.com/homes/102017420
    Print Image

    500 & 502 Henderson St Olin, IA 52320

    • Price: $315,000
    • Status: Active
    • Updated: 203 min ago
    • MLS #: 20196785
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1994
    Built
    Neighborhood:
    Unknown
    County:
    Jones
    Area:
    Out Of Area
    Elementary School:
    Olin
    Middle School:
    Olin
    High School:
    Olin
    Property Description
    What a great investment! 2 4-Plex buildings that are 100% occupied. This investment has GREAT cash flow. All units have a detached garage and coin laundry in each building. They have been well maintained and ready for their next landlord. See attached for "Rental" income of each unit.
    Exterior Features

    Construction BrickVinyl Parking Garage

    Interior Features

    Appliances Unit1 Range/OvenRefrigeratorSmoke/Fire Alarm Appliances Unit2 Range/OvenRefrigeratorSmoke/Fire Alarm Appliances Unit3 Range/OvenRefrigeratorSmoke/Fire Alarm Appliances Unit4 Range/OvenRefrigeratorSmoke/Fire Alarm Basement Other Cooling Window/Wall Units Energy Related OtherWater Heater-Electric Heating Electric Laundry Coin Laundry Number Fireplaces 0 Unit1 Number Full Baths 1 Unit1 Number Half Baths 0 Unit1 Number34 Baths 0 Unit1 Numberbedrooms 2 Unit2 Number Full Baths 1 Unit2 Number Half Baths 0 Unit2 Number34 Baths 0 Unit2 Numberbedrooms 2 Unit3 Number Full Baths 1 Unit3 Number Half Baths 0 Unit3 Number34 Baths 0 Unit3 Numberbedrooms 1 Unit4 Number Full Baths 1 Unit4 Number Half Baths 0 Unit4 Number34 Baths 0 Unit4 Numberbedrooms 2

    Property Features

    Amenities Pet PolicySidewalksStreet LightsClose To School Annual Assoc Fee 0 Annual Gross Expense 28000 Annual Gross Income 46030 Bank Owned NO Electric Annually 1350 Fee Includes Bldg &Amp; Liability InsExterior MaintenanceGarbage PickupGrounds Maintenance Gas Annually 0 Gross Taxcounty And City 7480 Insurance Annually 6000 Internet Yes Lease Term Unit1 Other- See Remarks Lease Term Unit2 Other- See Remarks Lease Term Unit3 Other- See Remarks Lease Term Unit4 Other- See Remarks Lot Dimensions .58 Maintenance Annually 1200 New Construction No Possible Finance CashConventional Rental Permit No Sale Lease For Sale Sqft Above 6400 Sqft Lower 0 Type Multi-Family Type Multi Family Fourplex Unit1 Dining Room No Unit1 Living Room Yes Unit1 Monthly Rent 435 Unit2 Dining Room No Unit2 Living Room Yes Unit2 Monthly Rent 425 Unit3 Dining Room No Unit3 Living Room Yes Unit3 Monthly Rent 365 Unit4 Dining Room No Unit4 Living Room Yes Unit4 Monthly Rent 435 Utilities Available Cable Paid By Ind.Electricity Ind. MetersGarbage Paid By Ind.Water Ind. Meters Water Annually 1200 Water Sewer City SewerCity Water Zoning M-Multiresidential

    Listing information © 2020 Iowa City Area Association of Realtors.
    Listing provided courtesy of Kim Greiner of Coldwell Banker Real Estate Professionals.



    © 2020 Iowa City Area Association of Realtors. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Johnson Team. Data last updated: 2020-09-22T00:25:38.243
     
    https://bt-photos.global.ssl.fastly.net/iowacity/orig_boomver_1_20196785-2.jpg https://bt-photos.global.ssl.fastly.net/iowacity/orig_boomver_1_20196785-2.jpg https://bt-photos.global.ssl.fastly.net/iowacity/orig_boomver_1_20196785-2.jpg
    Logo
    The Johnson Team
    2530 Corridor Way
    Coralville IA, 52241