519-521 N 3rd St | 24-Units
Multifamily | 24 Units | $64,583/unit
Marketing description
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.
Investment highlights
Consistent unit configuration - 24 1 bed/1 bath units
On-site community laundry
Appliances - stove, refrigerator & dishwasher, disposal included
Air conditioning units included
Mix of hardwood and LVP flooring
On site surface parking - covered parking available
Walk-in closets
High speed internet
Located across 3 Avenue from Elk’s Park - Playground, gazebo, basketball court
Convenient access to Downtown Marshalltown (1/2 mile east) and US Highway 30 (3 miles south)
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Zoning
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
