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715 Ridge View Rd., Monticello, Jones County, IA, 52310

For Sale

$1,025,000 USD
$1,025,000 USD
  • 7,874 Sqft
  • Residential Multi Family
Open House
No open houses are scheduled at this time.
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Property Summary for 715 Ridge View Rd.

Type
Residential Multi Family
Listing Status
Active
MLS Number
202401498
Year Built
1972
Parcel Number
0227303021
Taxes
$10,684 USD
Zip
52310
School District
Monticello Community School District

Description for 715 Ridge View Rd.

An 18-unit multi-family apartment complex is available for purchase. The building comprises 14 two-bedroom units and four one-bedroom units. The property offers several opportunities to add value for a new owner. Rents have been increasing steadily, and there is still ample room for further growth. Six detached garages are available to tenants who require covered parking. Additionally, there is a large vacant lot next to the building that can accommodate another 12 units. The property features a metal roof and newer utilities. A brand-new laundry facility was recently installed, and the lower level has plenty of storage space available for the owner to rent out.
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Features for 715 Ridge View Rd.

Lot Features
  • Exterior Features: Balcony
Appliances
  • Dryer
  • Microwave
  • Oven
  • Range
  • Refrigerator
Exterior Finish
  • Frame
Interior Features
  • Flooring: Carpet, Laminate, Tile, Vinyl
Listing provided by Iowa City Area Association of REALTORS®
Copyright © 2024 Iowa City Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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