• Asking Price $325,900
  • Estimated Value: $200,303
  • 204 3RD ST SW RAKE, IA 50465

  • Townhouse or Condo / Resale (MLS)

Property Details for 204 3RD ST SW, RAKE, IA 50465

Features

  • Lot Size: 75794
  • Total Units: 8
  • Stories: 1
  • Roof Type: Shingle (Not Wood)
  • Heating: Forced Air Heating
  • Exterior Walls: Brick veneer

Facts

  • Year Built: 01/01/1970
  • Property ID: 941671993
  • MLS Number: 6319790
  • Parcel Number: 0116177001
  • Property Type: Townhouse or Condo
  • County: WINNEBAGO
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Turnkey 8-unit apartment with positive cashflow on Day 1 and additional upside. The deal includes two 4-unit buildings side-by-side on a 1.74 acre lot. All units have received recent updates including fresh paint, new flooring, and new plumbing. Many also have new kitchen cabinets and bathroom updates. Good tenants with in-house management in a nice, stable small town. Room for increasing rents without major updates. Call today for a showing!

Real Estate Professional In Your Area

Need help finding a home?
Contact a Real Estate Pro.



Are you a Real Estate Agent?

Get Premium leads by becoming a UltraForeclosures.com preferred agent for listings in your area

Learn More

Click here to view more details
Property Brokerage: First Choice Realty 250 N Clark St Forest City IA 50436
Copyright © 2025 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.

Search Resale (MLS) Homes Near 204 3RD ST SW

City Resale (MLS) Home Search