409 W Hempstead Avenue

Fairfield, IA 52556

Investors special--this triplex can bring in $2000 a month in rental income! Apt A downstairs is rented for $700 a mos and B is $500/mos and A is $525/mos currently=$1725/mos. Apt B is vacant and C sis rented month to month. Apt 3 needs a bit of work, but has great potential--large windows and many charming features! Separate water & electricity meters for each apt but new furnace provides heat for whole house & is split three ways --to keep your tenants toasty warm! This corner lot property at Hempstead & 5th has mature trees --3 pear trees and a White Pine which add natural charm & there is plenty of room to build a custom garage! Many recent updates include new vinyl plank flooring in apts B & C upstairs. (B has new vinyl kitchen flooring). Exterior of the home & the wrap around deck have been recently completely painted. This is something you should definitely consider if you are looking for a great investment --schedule your tour today!

This is an Active listing.

Broker Office Phone Number: 641-472-2353

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