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405 Harding Street Churdan, IA 50050 Commercial - Investment

  • 405 Harding Street, Churdan, IA 50050 Main Photo

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Description

Discover an exceptional investment opportunity with this well-maintained, 9-unit property featuring 5 spacious one-bedroom apartments and 4 two-bedroom units?all in excellent condition and most units recently updated with flooring, appliances, cabinets, lighting, paint, new a/c and furnace units and new windows! Currently, one 2 bedroom unit is gutted and ready for finishing. That is the only vacant unit. The brick exterior and the newer metal roof offer easy exterior maintenance for years to come. Set on just over 2 acres on the edge of charming Churdan, Iowa, this property offers generous outdoor space and added convenience for tenants. The on-site laundry facility provides a washer and dryer for tenant use, and 6 of the units have private washer and dryer inside the apartment. With a designated paved parking lot, residents and guests will always have plenty of parking. This is a prime chance to own a clean, well-cared-for, income-producing property in a wonderful community. Advance notice required.

Property Highlights

Property Type: Commercial - Investment
Year Built: 1968
Lot Size: 2.07 acres

General Information

County: Greene
Listed By:
RE/MAX Legacy
No Coast MLS
$499,999
Est. $3,176/mo
Active
MLS#6333924
STATUS PROPERTY TYPECommercial - Investment

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Ruhl&Ruhl Realtors
563.441.1776

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405 Harding Street, Churdan, IA 50050.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $499,999$499,999$499,999
Down Payment $100,000$17,500$125,000
Monthly Mortgage Amount $2,334$2,865$3,039
Taxes $696$696$696
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$220$0
Monthly Estimated Total $3,176$3,927$3,881

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