This 3-unit multi-family conversion offers a fantastic investment opportunity! Located near schools and downtown, this property is perfectly positioned for easy access to amenities and schools. The building features three units: • Unit 1: A 1-bedroom, 1-bath unit needing some finishing touches. It comes with new cabinets and stove ready for install, as well as fresh flooring throughout, making it a great project for a buyer looking to add value. • Unit 2: A spacious 2-bedroom, 1-bath unit, with long-term tenant. • Unit 3: A 2-bedroom, 1.5-bath unit with plenty of space and great potential for rental income, also has long term tenant. The roof was updated in 2020, ensuring long-term peace of mind. Whether you’re looking to complete the remodel and increase the value of the 1-bedroom unit or enjoy steady rental income from the other two, this property has a lot to offer. Don’t miss out on this great investment opportunity!
Residential For Sale
154 Hilton St
Marengo, Iowa 52301
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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