INVESTOR PORTFOLIO OPPORTUNITY! Three occupied rental properties in Boone offered together for $220,000. The portfolio includes 1511 5th St, 422 8th St, and 1415 5th St. All three homes are currently occupied and feature 2 bedrooms and 1 bathroom. Combined rental income is $2,350/month, providing a strong 12.8% gross rent to purchase price ratio before expenses. A great opportunity for an investor looking to acquire multiple income producing properties in one transaction. All three properties are being sold AS IS. Please do not disturb tenants. Showings require appropriate notice.
Legal: W 90' LOT 1 BLK 88 (EX R.O.W. OF UNION PACIFIC RR CO) NE NW
748935
$120,000
Sale
Residential
Ranch
Residential
422 8th Street
Boone
Boone
IA
50036
2
1100
1
1
1
Unfinished
1100
Detached, Garage, TwoCarGar
2
Boone
2373.7
1920
Boone
Ranch
Dryer, Refrigerator, Stove, Washer
ForcedAir, Gas, NaturalGas
Public
PublicSewer
CentralAir
No
VinylSiding
Keller Williams Realty GDM, Kala Yamen (515.205.2171)