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50 Broadway St 1-6 Central City, IA 52214

Price Reduced For Sale
50 Broadway St 1-6
Central City, IA 52214
Price: $485,000
Type: Multi-Family
Units Total: 6
Agent: Angie Glick
Agent Phone: 319-821-0028
Agent Email: angie@gldcommercial.com
Broker: GLD Commercial Real Estate Advisors
Broker Phone: 319-731-3410
Broker Email: agibb@gldcommercial.com

Value-add investment opportunity! 6-unit multi-family property for sale in Central City. Just blocks away from the grocery store and easy access to Hwy 13. Units 1 & 2 are one bedroom, Units 3 & 6 are two bedroom, and Units 4 & 5 are three bedroom. Four of the units enter from outside with their own entrances. 5 out of the 6 units are currently occupied with a lease out for review on the 6th unit. There are two coin-operated washers and dryers that are available on the lower level producing additional income for the investor. There are three detached garages for tenant use that can be rented for $50/per month. Strong occupancy numbers with little to no vacancy over his 7 years of ownership. Financials and are available with a signed NDA.