301 College St Tiffin, IA 52340 • Multi Unit - Multiple • Active $1,375,000

Description

12 apartment units in 4 buildings with four, 2 bed 2 bath, four 2 bed 1 bath and four 1 bed 1 bath units. There are two 4-plexes and two duplexes on two adjacent lots in Tiffin. This location is just a block south of Marengo Rd & a block east of the Clear Creek Middle School. The 2 parcels are set off a quiet cul-de-sac but close to many conveniences, plus with I-80 only a third of a mile away, it makes this complex easy to lease for those who commute. The units are well kept and in good condition. The duplexes have laundry hookups in the units for the tenant's washer and dryer and the 4-plexes have a common coin operated laundry room. All units have through-the-wall AC units with individual gas heat and water. The parking lot is newer, and the overall look of this property is very neat and tidy. Many long-term tenants in place. Please allow 48-hour notice to show. See proforma in Associated Docs, note one renter enjoys a below market rate due to the length of their tenancy.

Property Highlights

Units