Residential For Sale
3,468 Sqft - Northwood, Unit 1,2,3,4, Hiawatha, Iowa 52233
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Description

Investor Alert! Bring your tools—and your best and highest offer! These two buildings (eight units total), priced well below market value, include six two-bedroom units currently rented at $800 per month, one three-bedroom unit at $1,000, and one one-bedroom unit at $700 per month.

While the properties could use some TLC, they present a strong investment opportunity for those looking to add value and maximize returns. Located in a desirable area with strong rental demand, this property offers steady cash flow and potential for appreciation and rent increases.

Please allow 24 hours’ notice for all showings. Don’t miss out on this income-generating asset—schedule a viewing today! Properties can be purchased separately, but the best value comes from buying them together. Buyer to verify lot size and Sq Ft.

Property Description

Investor Alert! Bring your tools—and your best and highest offer! These two buildings (eight units total), priced well below market value, include six two-bedroom units currently rented at $800 per month, one three-bedroom unit at $1,000, and one one-bedroom unit at $700 per month.

While the properties could use some TLC, they present a strong investment opportunity for those looking to add value and maximize returns. Located in a desirable area with strong rental demand, this property offers steady cash flow and potential for appreciation and rent increases.

Please allow 24 hours’ notice for all showings. Don’t miss out on this income-generating asset—schedule a viewing today! Properties can be purchased separately, but the best value comes from buying them together. Buyer to verify lot size and Sq Ft.

Basic Details
Property Type:
Residential
Listing Type:
For Sale
Listing ID:
2503305
Price:
$480,000
Beds:
0
Total Full Baths:
0
Baths:
0
Half Bathrooms:
0
Square Feet:
3,468 Sqft
Construction Year:
1980
Lot Size:
0.18 Acre
Country:
US
State:
IA
County:
Linn
City:
Hiawatha
Zipcode:
52233
Unit #:
1,2,3,4
Status Category:
Active
Features
Heating:
Electric
Cooling System:
Wall/Window Unit(s)
Parking:
Parking Space(s)
Construction:
Frame, Vinyl Siding
Address Map
Street:
Northwood
Street Number:
58/66
Street Suffix:
Drive
Floor Number:
0
Longitude:
W92° 19' 41.8''
Latitude:
N42° 2' 35.8''
More Information
Office Name:
SKOGMAN REALTY
Agent Name:
Maggie Druger
Elementary School:
Hiawatha
Jr./Middle School:
Harding
High School:
Kennedy
Directions:
ROBINS RD TO NORTHWOOD.
Lot Dimensions:
7875 each
LA1Agent Logon Name:
DRUGERMAGGIE121
LA1Agent First Name:
Maggie
LA1Agent Last Name:
Druger
LO1Main Office ID:
CSKN
319.351.1111 - 250 Holiday Road, Coralville, IA 52241
Agent Information
Maggie Druger
SKOGMAN REALTY
Additional Details
Wall/Window Unit(s)
Frame, Vinyl Siding
05/08/2025
ROBINS RD TO NORTHWOOD.
7875 each