101 Sparta, Marathon, IA 50565
Marathon, IA Homes for Sale in 50565 and Real Estate MLS # 828446
$238,000
- N/A
- 1
- 2526
- Active
General Description
8-Unit Property. Exterior Parking. Great Investment Opportunity. This 8-unit complex is a great investment. All 8 units are one bedroom, one bathroom. All units have a living space, kitchen/dining, full bathroom, and one bedroom. Market Rent Roll: $3,200. Actual Rent Roll: $3,200. There is a separate shared laundry space that contains a coin-operated washer and dryer. This is located in one of the buildings. This yield approximately $100/month. There is storage space in the opposite building of the laundry. Tenant pays for: Water/Sewer Electric. Pet: $20/month. Owner pays for: Electric/Water/Sewer for Common Spaces & Garbage: $200/month. Insurance: $275/month. Taxes: approx $3,401/year. Lawn/Snow Removal: $150/month. Security deposits will be included upon closing. There is ample exterior parking available for tenants.Legal: 01-00 MARATHON CORP. & LOTS 2&3 EX E16' OF LOT 3 AUD S/D OUTLOT 2 & N107' LOT 1 OUTLOT 3
Property Information
828446
$238,000
101 Sparta
Surrounding Areas/Other Areas
Marathon
Buena Vista
IA
Sale
Multi-Unit
2526
None
56
1976
1
50565
3401
LISTED BY
Real Broker, LLC, Adam Doughan (515.305.2577)
PROPERTY LOCATION
MORTGAGE CALCULATOR
RE/MAX Experience
Licensed In Iowa,Nebraska,South Dakota Each Office Independently Owned And Operated.
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The Re/MAX team recently played in the annual Sioux City Musketeers golf outing. Two Rivers Golf Course was in great shape and pro Rod Slater has put in significant effort in upgrading amenities. The Muskies are celebrating their 50th anniversary during the 2021-2022 season. The group Coach Strand brought in a next level class this year, with a number of players destined for the NHL. Travis Morgan is sure to have the Tyson Events Center ready to rock as Sioux City's beloved Musketeers take the ice. To learn more about the squad or grab tickets, click link.
