$119,000

1 S Frederick

Oelwein IA, 50662

Description

The information asked for in the listing fields can not be fully explained in the space and options given. The 6 apartments rental income is $1600 per month when fully occupied. The apartments usually run over 90% occupancy. The 6 apartments are all electric. No gas. Renters pay electric All apartments have A/C, stoves and refrigerators. There are 3 two bedroom and 3 one bedroom apartments. Garbage, sewer and water are included in the rent and paid by landlord. There are coin operated washers and dryers located at 1 S. Frederick. Oelweins Premier Downtown Retail Location 1 and 3 S Frederick Ave This, approximately 59 x 78, corner store offers over 4200 square feet of first floor area. It also has a good basement for storage with a belt lift. It has a new high-energy natural gas heat and central air conditioning. The store new windows along the 70 west side to give plenty of room to display goods. The stores utilities are paid by the landlord. Rent is $1,000 per month ($500 each) contact Dennis for financial details of rental units Dennis Martin, Selling agent, is the primary shareholder for Windy Ash Enterprises, Inc., the owner of this building.

Details

MLS#20152753
StyleIndustrial
Sub-TypeResale
StatusActive
Year1900
Days On Site554

Features

SQ Feet14,085
Story(s)1
ZoningCOMMERCIAL

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Attachments

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Area Information

StateIA
CountyFayette
CityOelwein
Zip Code50662
AreaFayette
Listing VS Median (in 50662)
Price:
$119,000
low | high
Med:
$78,000
84.453781512605% of Average
SqFt:
14,085
low | high
Med:
1,864
100% of Average
$ / SqFt:
$8
low | high
Med:
$42
100% of Average
On Site:
554
low | high
Med:
70
100% of Average
Listing Updated: 10/17/2019
MLS Number: 20152753
Listing Provided By:
Dennis Martin  of  Volga River Realty