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    608-613 Riley Ln

    West Branch, IA 52358
    • $1,500,000
    • STATUS: Active
    • ON SITE: 16 Days
    • MLS #: 202105340
    UPDATED: 57 min ago
    $1,500,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2019
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    ALMOST NEW well-maintained triplex buildings (6 units total) located in the heart of West Branch: a growing community with close proximity to Iowa City, small-town setting, easy HWY access and fantastic downtown. A great investment opportunity with zero vacancies and a stellar rental history. With the introduction of a national homebuilder and recent economic developments, West Branch is experiencing enhanced growth and popularity. Each of the 6 units have 3 bedrooms, 3 baths and a 2-car garage. Aside from open layouts, dedicated yards and decks, each unit is updated with luxury finishes, which include vinyl flooring and granite countertops. Plenty of storage in garage and walk-in closets. Primary bathroom has a dedicated full bath. Three units have a walkout lower level and the other three have a balcony. Each unit has been professionally managed with the introduction of fresh paint & repairs at the juncture of each lease.

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    © 2021 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: 2021-10-16T12:25:35.063
    www.gwenjohnson.com/homes/121899541
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    608-613 Riley Ln West Branch, IA 52358

    • Price: $1,500,000
    • Status: Active
    • Updated: 57 min ago
    • MLS #: 202105340
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    2019
    Built
    Neighborhood:
    Pedersen Valley
    County:
    Cedar
    Area:
    Ne Quadrant
    Elementary School:
    West Branch
    Middle School:
    West Branch
    High School:
    West Branch
    Property Description
    ALMOST NEW well-maintained triplex buildings (6 units total) located in the heart of West Branch: a growing community with close proximity to Iowa City, small-town setting, easy HWY access and fantastic downtown. A great investment opportunity with zero vacancies and a stellar rental history. With the introduction of a national homebuilder and recent economic developments, West Branch is experiencing enhanced growth and popularity. Each of the 6 units have 3 bedrooms, 3 baths and a 2-car garage. Aside from open layouts, dedicated yards and decks, each unit is updated with luxury finishes, which include vinyl flooring and granite countertops. Plenty of storage in garage and walk-in closets. Primary bathroom has a dedicated full bath. Three units have a walkout lower level and the other three have a balcony. Each unit has been professionally managed with the introduction of fresh paint & repairs at the juncture of each lease.
    Exterior Features

    Construction Vinyl Parking Garage

    Interior Features

    Appliances Unit1 DishwasherDisposalRange/OvenRefrigeratorSmoke/Fire Alarm Appliances Unit2 DishwasherDisposalRange/OvenRefrigeratorSmoke/Fire Alarm Appliances Unit3 DishwasherDisposalRange/OvenRefrigeratorSmoke/Fire Alarm Basement Finished RoomsFullWalkout Cooling Ceiling FanCentral Energy Related Clock ThermostatWater Heater-Gas Heating Gas Laundry Hookups In Unit Number Fireplaces 1 Unit1 Number Full Baths 3 Unit1 Number Half Baths 0 Unit1 Number34 Baths 0 Unit1 Numberbedrooms 3 Unit2 Number Full Baths 3 Unit2 Number Half Baths 0 Unit2 Number34 Baths 0 Unit2 Numberbedrooms 3 Unit3 Number Full Baths 3 Unit3 Number Half Baths 0 Unit3 Number34 Baths 0 Unit3 Numberbedrooms 3 Unit4 Number Full Baths 3 Unit4 Number Half Baths 0 Unit4 Number34 Baths 0 Unit4 Numberbedrooms 3

    Property Features

    Amenities NeighborhoodSidewalksStreet LightsClose To MarketClose To SchoolClose To Shopping Annual Assoc Fee 0 Annual Gross Expense 6586.18 Annual Gross Income 97993.82 Electric Annually 0 Gas Annually 0 Gross Taxcounty And City 3998 Insurance Annually 0 Internet Yes Lease Term Unit1 Years Lease Term Unit2 Years Lease Term Unit3 Years Lease Term Unit4 Years Lot Dimensions 0 Maintenance Annually 431.15 New Construction No Possible Finance CashConventional Rental Permit No Sale Lease For Sale Sqft Above 1537 Sqft Lower 0 Type Multi-Family Type Multi Family Split FoyerTownhouseTriplex Unit1 Dining Room Yes Unit1 Living Room Yes Unit1 Monthly Rent 1495 Unit2 Dining Room Yes Unit2 Living Room Yes Unit2 Monthly Rent 1495 Unit3 Dining Room Yes Unit3 Living Room Yes Unit3 Monthly Rent 1475 Unit4 Dining Room Yes Unit4 Living Room Yes Unit4 Monthly Rent 1400 Utilities Available Cable Paid By Ind.Electricity Ind. MetersGarbage Paid By Ind.Gas Ind. Meters Water Annually 0 Water Sewer City SewerCity Water Zoning Residential

    Listing information © 2021 Iowa City Area Association of Realtors.
    Listing provided courtesy of Ashley Bermel of Coldwell Banker Real Estate Professionals.



    © 2021 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: 2021-10-16T12:25:35.063
     
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