Investment Opportunity: Fully Occupied 4-Plex Apartment in Good Condition! This turn-key, well-maintained 4-Plex offers a fantastic opportunity for savvy investors. Each of the four units is fully occupied, providing immediate rental income. The property is in good condition, with recent updates and minimal maintenance requiredâ??making it a low-risk, high-reward investment. Great Location: Conveniently located near local amenities and the city park with a great view. Whether you're a first-time investor or adding to an existing portfolio, this 4-Plex is an ideal money-making asset. Donâ??t miss out on this opportunityâ??schedule a viewing today!
Charming Tri-Plex near downtown in Centerville, IA â?? Ideal Investment Opportunity! Welcome to this well-maintained Tri-Plex located in the heart of Centerville. Apartment 2 and 3 lower level are ready to be finished. Apartment 1 upstairs is rented. This property offers a unique opportunity for investors or homeowners looking to live in one unit while generating rental income from the other two. With a prime location and modern updates, this multi-family home presents a fantastic value. This building has been newly remodeled and new Central Air and Furnace has been installed. Apartment 1 Upstairs and Apartment 3 Downstairs have 2 Bedrooms. Apartment 2 Downstairs has one bedroom. All three Apartments have one bath and private laundry. With competitive rents in the area, this property is a prime candidate for investors seeking a steady cash flow so don't delay and call soon to see this awesome investment property.
Welcome to a prime investment opportunity! This well-maintained fourplex is hitting the market, offering a rare chance to own a property with all four units currently rented and producing consistent income. Situated in near the square and many other amenities, this property is an attractive option for investors looking to expand their portfolio or enter the rental market.
First time on the market, this income property is centrally located just 1 block off the southwest side of the Centerville Square. 2 units are efficiency units and remaining two are 1 bedroom/1 bath units. Central laundry is in the basement and can be made accessible to all tenants, up and down. All appliances are included in the sale. Large porch on both 1st and 2nd floors, 2nd floor tenants are separated with a privacy wall. Off street parking pad on both north and south side of building. Currently 2 of 4 units are occupied, generating $1025 monthly in rent, with the ability to generate $2050 monthly when fully occupied. Owner pays heat, water, garbage, tenant pays electric.
The median home value in Centerville, IA is $184,900. This is higher than the county median home value of $101,900. The national median home value is $338,100. The average price of homes sold in Centerville, IA is $184,900. Approximately 45.74% of Centerville homes are owned, compared to 32.24% rented, while 22.02% are vacant. Centerville real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Centerville real estate agent to arrange a tour today!
Centerville, Iowa has a population of 5,353. Centerville is less family-centric than the surrounding county with 23.15% of the households containing married families with children. The county average for households married with children is 24.51%.
The median household income in Centerville, Iowa is $39,447. The median household income for the surrounding county is $46,900 compared to the national median of $69,021. The median age of people living in Centerville is 47 years.
The average high temperature in July is 85.5 degrees, with an average low temperature in January of 14.1 degrees. The average rainfall is approximately 38.8 inches per year, with 24 inches of snow per year.