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30970698
30970711

510 2ND Street, Dewitt, IA 52742

NextHome QC Realty
NextHome QC Realty
Listed by NextHome QC Realty
$250,000
159 days on market
Updated 2 days ago

510 2ND Street

Details
APN 20-0789-0000
Property Type Multifamily
Sub Type Apartment Building
Square Footage 2,087
NOI $19,779
Year Built 1890
Acreage 20.000
Parking Spaces 2 spaces
Parking Per SqFt 0.96

Multifamily

Marketing description

Excellent Investment Opportunity--Fully Occupied Three-Unit Property in a Quiet Small-Town Setting. Discover a well-maintained three-unit apartment building featuring stable, long-term tenants and strong rental history. This solid income-producing property offers a low maintenance investment in a peaceful small-town location, making it an ideal addition to any real estate portfolio. Each unit is comfortably sized with practical layouts, and the property has been well maintained. With all units currently occupied, investors can enjoy immediate cash flow and the confidence of established tenant relationships. Whether you're expanding your portfolio or looking for you first multi-unit investment, this property delivers dependable returns and long-term potential.
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Listing Contacts

NextHome QC Realty
NextHome QC Realty
Listed by NextHome QC Realty

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$19,779.00
$1,648.25/mo

Valuation Metrics

0
DSCR
7.91%
Cap Rate
7.91%
ROI

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