204 3Rd Street SW, Rake, IA 50465

$325,900

bedrooms

bathrooms

square feet

Acreage

1.74

Open Houses

year built

1970

Full Baths

Half Baths

Find out more

Turnkey 8-unit apartment with positive cashflow on Day 1 and additional upside. The deal includes two 4-unit buildings side-by-side on a 1.74 acre lot. All units have received recent updates including fresh paint, new flooring, and new plumbing. Many also have new kitchen cabinets and bathroom updates. Good tenants with in-house management in a nice, stable small town. Room for increasing rents without major updates. Call today for a showing!

Location
Subdivision	-
County	Winnebago
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 6319790

Listing agent: Bethanie Farus #***

Listing broker: First Choice Realty (641) 585-2404

Last update: Friday, March 21 2025 at 3:03 p.m. EDT

Kotohomes National