604 S Main Street, Fairfield, IA 52556

$269,000

bedrooms

bathrooms

square feet

3,460

Acreage

0.78

Open Houses

year built

1900

Full Baths

Half Baths

Find out more

Situated on a picturesque 3/4 acre lot in a well-established neighborhood, this east facing property appeals to investors looking for positive cash flow, as well as those who appreciate the character & charm of an older home ! Opportunity abounds as it's currently set up as an income-generating 5-plex, or you could live in 1 unit while the other rentals pay your living expenses. Lovingly updated with a new exterior paint job, newer metal roof, plumbing & electrical upgrades, updated bathrooms to 4 of the 5 apts. & some updated kitchens. 1 of 5 units needs some finishing touches with a choice of flooring & kitchen details. Those searching for a project could turn this back into a glorious single-family home, as it once was. The property also features some of the most beautiful trees in town- a rarity which can't be matched! See the amazing attic space begging to be turned into a stunning primary suite, ping pong room or flex space. 2 of the 5 apts. are rented with year leases. 3 garage spaces with a large area for additional off street parking. The tenants pay their own electric, but rent includes heat & water. Ask your agent for the income & expense sheet. The Principals of the LLC that owns the property are related to the listing agents. Tenants need 24 hours notice to show. Call for a viewing today!

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

Driving directions

Open houses

None scheduled.

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MLS number: 6325610

Listing agent: Joanne Terrien #***

Listing broker: Village Realty (641) 472-9900

Last update: Thursday, March 20 2025 at 3:33 p.m. EDT

Kotohomes National