Back to listing

Full details for Quadruplex For Sale in Keokuk, Iowa

Photos

1/1
Property photo 1

Description

Looking for an income property or a place to live with opportunity for additional income? This may be the property/opportunity you've been looking for! The owner pays: water, insurance, garbage hauling and taxes. The renters pay rent and electric. There are 4 - one bedroom, living room, hall, bath, eat in kitchen and enclosed back porch apartments. The baseboard heat and water heaters are electric. Currently the rent is $450.00 per month (or $21,600.00 per year income) with rent increasing October 1, 2022 to $500.00 per month for 3 units and $600.00 per month for the 4th unit. The owner pays an average of $159.00 per month for water, $180.00 per month for insurance, garbage hauling $40.00 per month and taxes $1,534.00 per year. Nice level lot, large covered front porch and a large carport plus extra off street parking in the back. The four hot water heaters and 4 electrical boxes are in the full basement. A 24 hour notice to view is requested. The owner is a licensed Realtor. Back to listing
arrow