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154 E Hilton St, Marengo, IA 52301

Sqft
2,538

View property features, location on map, relevant school information and overview from seller's agent.

Listed byIowa Elite Marketing Group
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Overview

This 3-unit multi-family conversion offers a fantastic investment opportunity! Located near schools and downtown, this property is perfectly positioned for easy access to amenities and schools. The building features three units: • Unit 1: A 1-bedroom, 1-bath unit needing some finishing touches. It comes with new cabinets and stove ready for install, as well as fresh flooring throughout, making it a great project for a buyer looking to add value. • Unit 2: A spacious 2-bedroom, 1-bath unit, with long-term tenant. • Unit 3: A 2-bedroom, 1.5-bath unit with plenty of space and great potential for rental income, also has long term tenant. The roof was updated in 2020, ensuring long-term peace of mind. Whether you’re looking to complete the remodel and increase the value of the 1-bedroom unit or enjoy steady rental income from the other two, this property has a lot to offer. Don’t miss out on this great investment opportunity!

Location

Full feature list

Basic info

Property type
Multi-family
Square feet
2,538
Year built
1890

Interior features

Basement
Yes

Utilities

Heating
Electric
Cooling
Window unit(s)
Sewer
Public sewer
Water
Public

Estimated monthly costs

Insurance
$2,300

Taxes

Tax Annual Amount (2024)
$1,205

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Iowa City Area Association of Realtors MLS®#: 202502198 Last checked:

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