103 E Clark Street Montezuma, IA $ 399,000
103 E Clark Street
$ 399,000
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103 E Clark Street

Montezuma, IA, 50171
$ 399,000
Bedrooms8 Baths4.0 Sq 1,512

Monthly Estimate*

$ 2,787

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Multi-Family Home for sale in Montezuma, IA

for $399,000 with 8 bedrooms and 4 full baths. This 1,512 square foot home was built in 1977 on a lot size of 0.27.

Introducing a gem of an investment opportunity! This fully updated 4-plex boasts four individual units, each approximately 800 sqft and meticulously renovated from top to bottom. Step inside to discover new carpeting, luxury vinyl plank flooring, and crisp white cabinets adorning every unit. Equipped with brand-new Samsung stainless steel appliances and stackable washer and dryer sets, these units offer modern convenience at every turn. Plus, each unit includes a one-stall detached garage, providing added value and convenience for tenants. Whether you're an experienced investor or diving into the rental market for the first time, this turnkey property is sure to impress. Don't miss out on this perfect investment opportunity!

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Multi-Family Active

Price

$ 399,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 2,930

Style

Apartment

Lot Size

0.27

Year Built

1977

Town/City

Montezuma

County/Region

Poweshiek

MLS | Web ID

694088

Features
General
Interior Features SeeRemarks CableTV WindowTreatments
Sewer PublicSewer
Heating Baseboard Electric
Cooling CentralAir
Utilities ElectricityAvailable NaturalGasAvailable WaterAvailable
Roof Asphalt Shingle
Appliances Dryer Dishwasher Microwave Refrigerator Stove Washer
Zoning MR
Garage Spaces 4.0
Association Fee Includes SnowRemoval
Security Features SmokeDetectors
Construction Materials VinylSiding
Year Built 1977
Tenant Pays Electricity Gas Insurance
Property SubType Apartment
Gross Income 3200.0
County Poweshiek
Operating Expense 200.0
New Construction N
Property Type MultiFamily
HOA / Comm Assn N
Attached Garage N
Garage Y/N Y
Status Active
Directions 80 east to Montezuma exit go south into town turn left onto Clark.
City Montezuma
Buyer Agent Compensation 3.0000
View Y/N N
Senior Community Y/N N
High School District Montezuma
Total Units 4
MLS Area Montezuma
Lot Size Square Feet 11814.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Clark
Listing Terms Cash Conventional SeeRemarks
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 2930.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 13
Structure Type Apartment MultiFamily
Standard Status Active
Occupancy Description Tenant
Middle/Junior School District Montezuma
Elementary School District Montezuma
Legal Description JOHNSONS 1ST LOT 7 & 8 BLOCK 6 EX E 85'
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Interior
Basement Finished
Flooring Carpet
Furnished Y/N Unfurnished
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Full Baths 4
Half Baths 0
3/4 Baths 0
Street Suffix Street
Total Bedrooms 8
Below Grade Finished Area 1512.0
Electric On Property Y/N Y
Total Baths 4
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Exterior
Parking Features Detached Garage
Lot Features RectangularLot
Water Source Public
Lot Size Area 0.27
Foundation Details Poured
Spa N
Building Area Total 1512.0
Lot Dimensions 179x66
Lot Size Acres 0.27
Road Surface Type Concrete
Lot Size Units Acres
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 103
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* Excluded Features
List By
Shawna Jenson

Listing Agent

Re/Max Precision

Broker

shawna@brummettgroup.com

Email

Affordability Calculator

$3,031
Per Month
92%
8%
0%
Monthly Principal & Interest
$2,787
Monthly Property Taxes
$244
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3234102 Elementary School
3234100 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/8/2024$399,000 -6.12% Price Down
4/25/2024$425,000 Listed Price

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103 E Clark Street, Montezuma, IA, 50171 is a Multi-Family Home for sale at $399,000 with 1,512 sqft and a lot size of 0.27. 103 E Clark Street has 8 bedrooms, 4.0 baths, and was built in 1977. The property's zip code is 50171 which is in Montezuma, IA