505 Lincolnway St, Woodbine, Iowa  SOLD! View Results
$125,900 Investment Property

Listing Agents: Randy Pryor 712-644-7610  Cindy Pryor 712-647-8899

505 Lincolnway, Woodbine

505 Lincolnway, Woodbine

505 Lincolnway, Woodbine

505 Lincolnway, Woodbine

505 Lincolnway, Woodbine

505 Lincolnway, Woodbine

505 Lincolnway, Woodbine

505 Lincolnway, Woodbine

505 Lincolnway, Woodbine

505 Lincolnway, Woodbine

505 Lincolnway, Woodbine

505 Lincolnway, Woodbine

505 Lincolnway, Woodbine

505 Lincolnway, Woodbine

505 Lincolnway, Woodbine

505 Lincolnway, Woodbine

505 Lincolnway, Woodbine

505 Lincolnway, Woodbine

505 Lincolnway, Woodbine

505 Lincolnway, Woodbine

505 Lincolnway, Woodbine

505 Lincolnway, Woodbine

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Property Details

 

Lot Size: 60' x 180'

Style: 2 story with full basement; built in 1941

 

3 Apartment Units

     Apartment 1: Upper floor; 960 sq. ft. with 2 bedrooms and deck

     Apartment 2: Main floor; 960 sq. ft. with 1 bedroom

     Apartment 3: Basement level with 2 bedrooms

 

Appliances Included: Stove, refrigerator in all units; upper unit has dishwasher and garbage disposal

Laundry: Coin operated washer and dryer included

 

​Heating & Cooling: Gas furnace; basement is electric heat; central air

Water & Sewer: City of Woodbine

Utility Avg: $257/monthly electric & gas for all units

Yearly Taxes: $1,900  Assessed: $185,895

Current Rental Income: $19,920/yearly with utilities paid by owner

Expenses: $6,000/yearly for taxes, insurance, and utilities

Net Profit: $13,930/yearly before maintenance

Comments: Triple C Roofing just completed a new flat roof with a 10-year warranty. The owners have maintained the flooring.

© 2020 by ​RANDY PRYOR REAL ESTATE & AUCTION COMPANY.

Randy Pryor

Auctioneer/Broker

428 Walker St. Woodbine, IA  51579

Licensed in the State of Iowa

  712-647-2741         Email

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