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Property Description

Looking for an investment property that cash flows almost immediately? Look no further. Located just a block from the Montezuma square this triplex is fully occupied. Monthly rent is currently $2,250 (Main level – 1 BR $650, 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 12 months with most notably new windows and renovated room 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. Photos used to show layout – they do not reflect recent updates.

Features
Forced Air
Full
Attached
City Sewer/Connected
Address Map
US
IA
Poweshiek
Montezuma
50171
Main
415
Street
W93° 28' 38.5''
N41° 35' 8.1''
I80 to Hwy 63 south into Montezuma left on E Main St 4 blocks to property on left
E
Business/Commercial
Additional Information
66X132
Public
205000
3
None
Corner Lot
1
Circuit Breakers
Frame, Vinyl Siding
Financial
1724
Listing Information
220910
28518
Cash,Conventional
Active
2025-07-14T01:24:31Z
NoCoast

415 E Main Street, Montezuma, Iowa 50171

Residential Income For Sale

2,798 Sqft
$199,000
Listing ID #6328154
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 6328154
Price : $199,000
Square Footage : 2,798 Sqft
Year Built : 1900
Lot Area : 0.20 Acre
Status : Active
Office Name : AE Realty, Inc
Property Sub Type : Triplex
Roof : Metal
Contact Us
Address
704 W US Highway 30
Carroll, IA 51401
Property