Great investment opportunity! 2 Units – each with two bedrooms and 1 bathroom. The upper level is currently rented at $800/mo and the main level was recently rented for $800/mo. This property could easily be converted back to single family with 3 bedrooms on the upper level and 1 bedroom plus an office on the main level. Beautiful details in this well maintained home with wide painted woodwork, working pocket door, stained glass window and open staircase. Many updates include: sealed the foundation with water tight paint, newer window a/c units, replaced two registers downstairs, replaced knobs on all registers, repairs as needed on the boiler system, sealed plumbing pipes in the basement, and hired Boyse to replace the sewer lines from the street to house and added a clean out 7 years ago. Seller pays for the utilities averaging $300/mo. Great corner lot with a usable yard and close to the park.
Multi-family For Sale
701 7th Ave, Wellman, Iowa 52356
Information on this page deemed reliable, but not guaranteed to be accurate. Listing information was entered by the listing agent and provided by ICAAR (Iowa City Area Association of REALTORS®) MLS and CRAAR (Cedar Rapids Area Association of REALTORS®) MLS. Urban Acres claims no responsibility for any misinformation, typographical errors, or misprints displayed from the MLS sources.
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