409 W Hempstead Fairfield, IA 52556

Triplex Residence

Beds

Baths

1,940 Sq. Ft.

0.12 Acre Lot

Property Activity

Time on Site

days

Days on Market

Views

Saves

Last updated on 11/25/2024 8:37 AM

Listing Details

Investors special--this triplex can bring in $2000 a month in rental income! Apt A downstairs is rented for $700 a mos and B (vacant) is $525/mos and C is $500/mos currently=$1725/mos. Apt B is vacant and C and A are rented on a month to month basis. With a little elbow grease, these roomy bright ap...ts have great potential and many charming features! Separate water & electricity meters for each apt but new furnace provides heat for whole house & is split three ways --to keep your tenants toasty warm! This corner lot property at Hempstead & 5th has mature trees --3 pear trees and a White Pine which add natural charm-plenty of room here to build a custom garage! Recent updates include new vinyl plank flooring in Apt C upstairs, while Apt B has new vinyl kitchen flooring. Exterior of the home & the wrap around deck have been completely painted in 2024. This is something you should definitely consider if you are looking for a great investment --schedule your tour today! Continue reading

MLS#

6323230

Property Type

Triplex

Year Built

1900

Square Feet

1,940 sq. ft

Price per Sq. Ft.

$80.93

Lot Size

0.12