415 E Main St, Montezuma, IA 50171

Sqft
2,798
Garage
Yes

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Listed byAE Realty, Inc
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Overview

Looking for an investment property that can cash flow immediately? Look no further. Located just a block from the Montezuma square this triplex is fully occupied. Monthly rent is currently $2,200 (Main level - 1 BR $600, 1 BR $700, Upper level - 3 BR $900). Tenants pay for their own utilities. The owner pays for mowing and snow removal. Parts of all three units have been updated within last 24 months with most notably updates to main floor kitchen ('26), upstairs shower, kitchen floor and paint ('26), new windows and renovated third bedroom in upper unit offering more living space. Each unit has a full bath, kitchen with owner-owned appliances, its own electric meter, HVAC system and laundry hookups. The building is well maintained with vinyl siding, metal roof, most of the windows have been replaced, circuit breaker panels, and HVAC systems. Profit/Loss provided upon request.

Location

Full feature list

Basic info

Property type
Multi-family
Square feet
2,798
Lot size (acres)
0.20
Year built
1900

Interior features

Basement
Yes

Garage and parking

Garage parking spaces
1

Utilities

Heating
Forced Air
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2026)
$1,632

Public schools

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Sourced from: NoCoast MLS (North Central Iowa) MLS®#: 6339897 Last checked:

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