407-409 S Kentucky

    MASON CITY, IA 50401
    • $1,025,000
    • STATUS: Active
    • ON SITE: 56 days
    • MLS #: 200197
    UPDATED: 22 min ago
    $1,025,000
    • 0
      BEDS
    • 0.94
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1964
    Area:

    School Information

    Elementary School:
    Middle School:
    School District:

    Description

    Three building apartment complex in a great location. Stable tenancy. 8 two bedroom apartments scheduled at $550/mo and 8 more at $535/mo. 12 one bedroom apartments scheduled at $500/mo. Apartments include appliances, through the wall A/C's and a storage room. Laundry room in each building. Landlord pays heat, water and garbage pickup. Tenant pays electric. 3 address included are: 407 S Kentucky Ave, 409 S Kentucky Ave, and 410 S Tennessee. Listing agent has a vested interest in the property.

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    © 2020 Mason City MLS. All rights reserved. IDX 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Jane Fischer & Associates. Data last updated: 2020-06-03T17:59:34.4.
    www.janefischer.com/homes/104878154

    407-409 S Kentucky MASON CITY, IA 50401

    • Price: $1,025,000
    • Status: Active
    • Updated: 22 min ago
    • MLS #: 200197
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.94
    Acres
    1964
    Built
    Neighborhood:
    Southeast
    Area:
    Southeast
    Elementary School:
    Jefferson
    Middle School:
    John Adams,Newman
    School District:
    Mason City
    Property Description
    Three building apartment complex in a great location. Stable tenancy. 8 two bedroom apartments scheduled at $550/mo and 8 more at $535/mo. 12 one bedroom apartments scheduled at $500/mo. Apartments include appliances, through the wall A/C's and a storage room. Laundry room in each building. Landlord pays heat, water and garbage pickup. Tenant pays electric. 3 address included are: 407 S Kentucky Ave, 409 S Kentucky Ave, and 410 S Tennessee. Listing agent has a vested interest in the property.
    Exterior Features

    Construction Brick Foundation Poured Garage Parking Off Street Parking Garage Type None Parking Off Street Roof Asphalt Windows Casement

    Interior Features

    Air Conditioning Wall Unit(S) Heat GasHot Water Kitchen Appliances Electric RangeRefrigeratorStove

    Property Features

    Amenities Central LaundryFire AlarmSmoke DetectorsStorage Facility Annual Rent $176500 Condition Very Good Flood Insurance Not Required Lot Size .94 Miscellaneous Pet Restriction Multi Family Type Apt. Bldg. 5+ Owner Pays GasHeatSnow RemovalTrashWater Sale Rent For Sale Separate Electric Yes Separate Heat No Tax Year 2019 Taxes 10127 Tenant Pays Electric Utilities Sewer City Utilities Water City Zoning Z3 - General Urban District

    Listing information © 2020 Mason City MLS.
    Listing provided courtesy of Jim Marinos of American Realty & Mgmt Co.



    © 2020 Mason City MLS. All rights reserved. IDX 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Jane Fischer & Associates. Data last updated: 2020-06-03T17:59:34.4.
     
    Jane Fischer & Associates
    1002 East State St. Suite B
    Mason City IA, 50401