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North Dakota, Ames

1231 N Dakota Ave, Ames, Iowa

$950,000
Total Units:
MLS # 547781
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Details: Multi-Family
MLS# 547781
County Story
Style Apartment Style
Zoning RH
School District Ames
School and Community Information
Property Description
12 plex - 11 2bd/1ba units, 1 1bd/1ba unit. Well managed/maintained. Roof +/-2004 with other updates as needed. Unit 1 almost finished w/renovations. Some of the units have newer trim/doors. Possibility of adding additional parking and/or parceling off lot to potentially build a duplex(city would need to approve). Annualized Pro Forma: Gross - $115,200 // Expenses - $43,526 // Net Income $71,674.
Unit bedrooms
Unit Bathrooms Full 3/4 1/2
TOTAL ALL UNITS 0 0 0
Unit kitchens
Estimated Expenses and Income
Expenses Paid By Gas Tenant
Structure
Foundation Concrete Block
Exterior Metal Siding
Heat Gas Forced Air
Water CITY
Sewer City
Service Information
Off-Street Parking yes
Tax & Terms Information
Gross Taxes $10,120
Net Taxes $10,120
Terms Available Cash, Conventional
Listing courtesy of Re/Max Rec Data courtesy of the Des Moines Area Association of REALTORS

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