3414 Orion, Ames, IA 50010

$1,200,000
24,000
SqFt
List Price
$1,200,000
MLS#
50106
Status
ACTIVE
Type
Single Family Residential
Living Area
24,000
Lot Size
28,593

Property Description

This property offers a turnkey investment with a smooth transition. The building is comprised of eight 3BR & four 2BR units. Professional property management is currently in place. Graduate students and families find this an ideal place to live, with larger pristine living spaces & easy access to campus through nearby Cy-ride bus stop. All units are rented for the '18-'19 school year. Apartments feature bright & spacious floor plans, ample storage, private patio/deck & garage space. Property is equipped w/large parking lot and laundry. This high-quality 12 plex is located 3 miles north of ISU campus in a quiet neighborhood, with North Grand Mall, Super-Walmart & restaurants all within walking distance, as well as Ada Hayden nature trails and lake.

Additional Information

Schools
Ames
Garage
Yes
Income Expenses Net Income
77085
Zoning
F-PRD
Parking Spaces
11 - 20 Spaces
Lot Size
28,593
Age
11 - 20 Years
Income Expenses Total Income
149680
Income Expenses Total Expenses
72595
Basement
None
Year Built
1997
Garage Size
1 Car
Taxes Gross
19062
Living Area
24,000
Style
2 Story
Taxes Net
19062

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Friedrich Realty.