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608-613 Riley Ln

West Branch, IA 52358
  • $1,500,000
  • STATUS: Active
  • ON SITE: 120 Days
  • MLS #: 202105340
$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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© 2022 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 | Skogman Realty. Data last updated: 2022-01-28T00:25:36.353
www.gwenjohnson.com/homes/121899541
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608-613 Riley Ln West Branch, IA 52358

  • Price: $1,500,000
  • Status: Active
  • On Site: 120 Days
  • 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 Frame

Interior Features

Appliances DishwasherRange/OvenRefrigerator Basement FinishedFullWalkout Cooling Ceiling FansCentralGas 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 Close To SchoolClose To ShoppingSidewalksStreet Lights Annual Assoc Fee 0 Annual Gross Expense 6586.18 Annual Gross Income 97993.82 Electric Annually 0 Gas Annually 0 Gross Taxcounty And City 23988 Insurance Annually 0 Internet Yes Lot Dimensions 0 Maintenance Annually 431.15 New Construction No Parking Spaces 2 Car Possible Finance CashConventional Rental Permit No Sale Lease For Sale Sqft Above 1537 Sqft Lower 0 Type Multi-Family 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 Water Annually 0 Water Sewer City SewerCity Water Zoning Residential

Listing information © 2022 Iowa City Area Association of Realtors.
Listing provided courtesy of Ashley Bermel of Coldwell Banker Real Estate Professionals.



© 2022 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 | Skogman Realty. Data last updated: 2022-01-28T00:25:36.353
 
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The Johnson Team | Skogman Realty
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