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102 S Schuyler Street, Ottumwa, IA 52501

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For Sale

$200,000

1,937 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $103.25
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

This beautiful, well-maintained 3-unit home offers an excellent opportunity for investors or owner-occupants seeking rental income. Each apartment has been successfully rented as a short-term rental with consistent occupancy. Unit 1 features 1 bedroom and 1 bathroom with a cozy, functional layout and a lovely front deck; Unit 2 offers 2 bedrooms and 1 bathroom, providing a spacious and popular space for tenants; and Unit 3 is a 1-bedroom studio, ideal for solo renters and includes a great deck for enjoying the outdoors. The property sits on a large lot, with the owners having maintained 3 or more parking spots for tenant convenience. Each apartment is equipped with its own AC unit and furnace, refrigerator, stove and microwave, and washer and dryer. The appliances for each apartment will stay with the property. Recent updates include new gutters, downspouts, soffit, fascia, vinyl siding, and front/back porches in 2019; new appliances in 2020; ice breaks added to the roof, a new privacy fence, and new AC units in 2021. A property survey was completed in 2021 prior to the installation of the fence. The property also had a new metal roof installed around 2013. This turn-key property is ready to continue generating income in this quaint neighborhood.
MLS# 6323355

Courtesy Of Bogle Realty LLC

(641) 437-4663

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Architecture Style
    Other
  • Heating System
    Forced Air, Hot Water
  • Lot Size
    0.2 Acres
  • Roof Type
    Metal

Map and Directions

Directions to 102 S Schuyler Street, Ottumwa, IA 52501

Home seller CENTURY 21 Signature Real Estate

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Signature Real Estate

(641) 628-9840
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Copyright © 2024 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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