New Albin IA Multi Family for Sale
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1900
- Baths:
- MLS#:
- 20244715
View additional info
Courtesy: Keller Williams Legacy Group
563-568-0011
ADDITIONAL INFORMATION
Investment Alert!! Check out this income producing property available in New Albin, IA. This property houses three newly updated apartments along with an event center and commercial kitchen. Updates include new flooring and appliances, new water heaters, furnace, AC and updated electrical and plumbing. Current rental income from the apartments totals $2200/month. The commercial side of the property consists of a bar area, commercial kitchen, covered patio. These was formally a successful bar and is now ready to rent out for events such as birthday parties or bachelor parties. Lots of potential areas to expand - The new owner could consider offering pizza and sandwiches for purchase from those using the splash pad or visiting town. How about opening for breakfast on the weekends? Or hosting a televised sporting event? Turn-key situation with the bar and kitchen. Letter of pre-qualification and minimum 24 hour notice required to view apartments.
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. Copyright 2024 Northeast Iowa Regional Board of Realtors. All rights reserved. Information is deemed reliable but is not guaranteed.
New Albin Real Estate
The median home value in New Albin, IA is $158,300. This is lower than the county median home value of $174,400. The national median home value is $338,100. The average price of homes sold in New Albin, IA is $158,300. Approximately 79.08% of New Albin homes are owned, compared to 17.86% rented, while 3.06% are vacant. New Albin 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 New Albin real estate agent to arrange a tour today!
New Albin, Iowa has a population of 469. New Albin is more family-centric than the surrounding county with 30.08% of the households containing married families with children. The county average for households married with children is 26.92%.
The median household income in New Albin, Iowa is $49,000. The median household income for the surrounding county is $59,461 compared to the national median of $69,021. The median age of people living in New Albin is 47.2 years.
New Albin Weather
The average high temperature in July is 82.9 degrees, with an average low temperature in January of 9.4 degrees. The average rainfall is approximately 35.4 inches per year, with 38.7 inches of snow per year.