111 CYPRESS ST, Wilton, IA 52778 | Wilton Home For Sale and Real Estate

111 CYPRESS ST, Wilton, IA 52778

$1,499,000   

  • Active
  • MLS# 17-726
  • Income Property
  • Listed Price
  • $1,499,000Sold Price
  • Active Days On Market
  • 0Beds
  • Baths
  • 18096Sqft
  • Style
  • Baths
  • 0Acres
  • 18096Sqft
  • 0Acres
  • MuscatineCounty

111 Cypress St

Wilton, IA 52778

$1,499,000


  • Active
  • MLS# 17-726
  • Income Property
  • Listed Price
  • Sold on 09/05/2017
  • Active Days on market
  • 0Beds
  • Baths
  • 18096Sqft
  • Style
  • Baths
  • 0Acres
  • 18096Sqft
  • 0Acres
  • MuscatineCounty


  • New Listing
  • Price Reduced( $26,000 )
2 8-plexes! 16 large first class apartments built in 2010! Each 2 bedroom with over 1,100 square ft. All units occupied and leased. 11 years remaining on incremental tax rebate from the City of Wilton. Every 6 months when the owner pays property tax the City gives them a rebate check within 45 days. Remaining value on the tax rebate is approximately $242,000. Laundry in each building brings in about 700 - 900 total per month. Most leases go into 2018. All units are the same sq footage and rooms. Apt rents are $650 per month + utilities. Garages rent for $65 mo., most are leased. Buildings have high security including key card entry and security cameras.
Subdivision
Bedrooms 0
Bathrooms Full: 0  3/4: 0  Half: 0
Lot Size 0.96 acres
Lot Style
Style
Taxes(Est) 29302.00
Year Built 2010
Square Footage 18096
Finished Bsmt Sq.Ft.
County Muscatine
High School
Foreclosure No
Rooms Size Level/Info Description
Basement / Lower
Bedroom Level1
Bedroom Level2
Bedroom Level3
Bedroom Level4
Bedroom Level5
Bedroom Level6
Den/Ofc
Dining Room
Family Room
Garage Detached
Great Room
Informal Dining Room
Kitchen
Laundry
Living Room
Main
Master Bedroom
Rec Rm
Upper/Additional
Exterior(Est) 18
Exterior Amenities
Interior Features
Roofing
Water/Sewer
Heat/Cool Gas
Basement
Appliances
No of Fire places
Fireplace
Kitchen/Dining Remarks
Additional Amenities

Listed By : MIKE SHUGER, WILTON REALTY CO.
Customer Care - , Ruhl & Ruhl Realtors
Davenport
Davenport
Licensed In
(866) 441-1776
(866) 441-1776
CustomerService@RuhlHomes.com


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