The StopulosTeam
Description
Exceptional investment opportunity in the heart of Homestead with strong cash flow on day one! This property features a 4-unit historic multifamily property paired with an exceptional 3-bedroom single family home! With tenants in every unit, including the single-family home, this property has immediate income with proven long-term potential. Residents enjoy a large outdoor common space and off-street parking for every unit, a rare and valuable amenity. The single-family home on the property boasts updates throughout and provides excellent income or future owner-occupant flexibility. With its proximity to local industry and rental demand, this property is poised for continued success. Priced well under assessed value, this is a compelling opportunity for investors seeking a turnkey property with built-in equity and consistent returns.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Bedrooms: 7
Bathrooms: 4
County: Iowa
High School: Clear Creek
Subdivision: HOMESTEAD
Listed By:
Iowa Elite Marketing Group
319-642-0254
Trent Forrest
ICAAR MLS
MLS ID: 202601327
Units
Unit 1:
Bedrooms: 2
Baths Full: 1
Rent: $550.00
Unit 2:
Bedrooms: 2
Baths Full: 1
Rent: $750.00
Unit 3:
Bedrooms: 2
Baths Full: 1
Rent: $750.00
Unit 4:
Bedrooms: 1
Baths Full: 1
Rent: $660.00
Shown By
Agent Name: The Stopulos The Stopulos Team
Agent Phone: (563) 650-7918
Agency Title: Ruhl&Ruhl Realtors
Agent Email:
Get in Touch
Shown By
Agent Name: The Stopulos The Stopulos Team
Agent Phone: (563) 650-7918
Agency Title: Ruhl&Ruhl Realtors
Agent Email:
Contact an agent to learn more about
4304 V St, Homestead, IA 52236.
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563-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $150,000 | $150,000 | $150,000 |
| Down Payment | $30,000 | $5,250 | $37,500 |
| Monthly Mortgage Amount | $700 | $848 | $912 |
| Taxes | $209 | $209 | $209 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $66 | $0 |
| Monthly Estimated Total | $1,009 | $1,223 | $1,221 |
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