Properties

Russ McCullough

712 TAMA STREET
Boone, IA 50036
Listing Agent:  Russ McCullough
Ph:  515-232-6175 Cell:  515-441-2056
TF:  800.681.7333 Fax:  515-598-9101
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30170  

/ Month *

$275,000.00
MLS Number: 30170
Property Type: Multifamily
Address: 712 TAMA STREET
City: Boone
Zip: 50036
Year Built: 1900
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Caprate 11,139, cash on cash 19.07% 11-2bdrm apt. units, built in 2002, no stairs and 1 blk from Hy Vee. See Proforma financial and call Russ for details 515-441-2056. Modern finish throughout, 2002 apt conversion. from Bowling Alley. Good occupancy. Owner is a licensed Real Estate Agent.  

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Property Details

EXPENSES

$23,801

NET INCOME

$39,952

TENANT PAYS

Heat, Electric, Cable

OWNER PAYS

Snow Removal, Lawn Care, Water, Trash

GROSS INCOME

$63,752

*Monthly payments are estimates based on current market rates for a 30-year fixed mortgage with 20% down and 5.5% interest.
All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.