215 Cedar St, Story City, IA 50248

$185,000
1,552
SqFt

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List Price
$185,000
MLS#
70720
Status
ACTIVE
Type
Multifamily
Subtype
Triplex
Living Area
1,552
Lot Size
11,380
Neighborhood
0025 - Story City

Property Description

Excellent investment opportunity! This 3-level tri-plex offers immediate income with long-term tenants already in place and a proven rental history. The property features three separate units: a 2-bedroom, 1.5-bathroom basement apartment, a 2-bedroom, 1-bathroom main level unit, and a 1-bedroom, 1-bathroom upper-level apartment. Tenants pay all utilities except water, helping keep operating expenses low and maximizing your return. Whether you're looking to expand your investment portfolio or purchase your first income-producing property, this triplex offers reliable cash flow and strong rental potential. Don't miss your chance to own a turnkey investment with established occupancy.

Additional Information

Sewer
Public Sewer
Zoning
R (MR R3+)
Lot Size
11,380
Water
Public
Heating
Forced Air
Cooling
Central Air
Year Built
1910
Living Area
1,552

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Calculator source: Real Geeks

Listing courtesy of Norsemen Realty Team - Friedrich Realty.