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Great investment opportunity with a fantastic cap rate. Nothing left to do & well taken care of! Half acre lot with green space land to the west. All non smoking units, no pets allowed, and quiet very quiet. Vinyl siding, 6 year old roof, all vinyl windows, new gutters & guards. 6 year old mechanical with , 2 gas fueled, high efficiency gas boilers. Two laundry rooms w/ coin operated washer & dryer. Building wired for high speed internet. Interior updated from top to bottom, stainless steel appliances, soft close cabinets, granite countertops, brushed nickel hardware, fixtures & faucets, hard surface flooring throughout, bathrooms include granite countertops & tiled showers. LED lighting, each unit has bonus storage closet. Recent redone landscaping around the building. Commute to Des Moines is about 30 minutes. High demand in Perry for rentals but low supply for buildings such as this! All information obtained from Seller and public records.

PROPERTY FEATURES

Utilities : WaterAvailable Water Source : Public Sewer System : PublicSewer
Security Features : SmokeDetectors
Lot Features : RectangularLot Road Surface Type : Concrete
Architectural Style : TwoStory Zoning : M
Heating : Yes. Heating : ForcedAir,Gas Cooling : Yes. Cooling : WindowUnits
Construction Materials : VinylSiding Foundation Details: Block,Slab
Laundry Features : MainLevel Appliances : Dishwasher,Microwave,Refrigerator,Stove Flooring : Carpet

PROPERTY DETAILS

Street Address: 1805 W 4th Street
City: Perry
State: Iowa
Postal Code: 50220
County: Dallas
MLS Number: 698021
Year Built: 1975
Courtesy of RE/MAX Precision

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