519-521 3rd Street, Marshalltown, IA 50158
MLS Number: 2508755 |
Subtype: Residential | Area: OT-W (West of I-380)
$
1,550,000
519–521 North 3rd Street is comprised of four buildings situated on 0.99 acres of land and contains a total of 24 units. The buildings were constructed in 1998 and feature a consistent 1 bed / 1 bath layout in each unit. The units offer exceptional interior finishes, including wood and LVP flooring, with appliances and air conditioning units included in each. Also included in the offering is an adjacent parking garage with 10 stalls, which could alternatively be utilized for storage. The property is located on the north end of Marshalltown, approximately three-quarters of a mile from the city’s downtown area. Currently rented by the unit, the property boasts a strong occupancy rate of 100%. This offering provides a stabilized investment with the opportunity for future rent growth.
Property
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County: Linn
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Lot Size: .99 Acre
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Acres: 0.9900
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Year Built: 1998
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Gross tax: $12,207.00
Building
Total Building SF: 6,698
Utilities
Utilities: Separate Meters
Heating/Cooling: Gas Heat, Central Air
Water Source: City Water
Sewer: City Sewer
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