$420,000
$440,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
122 E Jefferson Street #1-6 Winterset, IA 50273
10 Beds
5,952 SqFt
Key Details
Sold Price $420,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,952 sqft
Price per Sqft $70
MLS Listing ID 737262
Sold Date 05/19/26
Style Two Story
Bedrooms 10
HOA Y/N No
Year Built 1997
Annual Tax Amount $10,740
Lot Size 5,806 Sqft
Acres 0.1333
Property Description
Attention income property investors! If you have been looking for the perfect property to add to your existing portfolio or if you are a beginning investor looking to start investing in multi-family real estate, this is the ideal property for you. This property contains six units: four (2 Bedroom and 1 bath) and two (1 Bedroom – 1 bath), with a gross annual revenue of $46,200 as of 03/31/26. The property has a number of tenants who have been residents for many years. There is potential for increased revenue generation for the units with the current market. The property was built in 1997 and has been well maintained to minimize future potential maintenance costs. The location is extremely desirable, situated about one block off of the Winterset square with easy access of all the area's major amenities and services.
Location
State IA
County Madison
Area Winterset
Zoning Multi
Interior
Heating Baseboard, Electric, Forced Air, Gas
Cooling Central Air
Fireplace No
Exterior
Utilities Available Electricity Available, Natural Gas Available, Water Available
Roof Type Asphalt,Shingle
Private Pool No
Building
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Winterset
Others
HOA Fee Include Insurance
Tax ID 828000117012100
Monthly Total Fees $895
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Madison County Realty
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