Gilbert, IA 50105,180 1st ST
Gilbert, IA 50105,180 1st ST
Gilbert, IA 50105,180 1st ST
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$350,000
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3,932 SqFt
Active

180 1st ST Gilbert, IA 50105

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,932 sqft

Price per Sqft $89

MLS Listing ID 67186

Style 2 Story

HOA Y/N No

Year Built 1972

Annual Tax Amount $4,491

Property Sub-Type Quadruplex

Source Central Iowa Board of REALTORS®

Property Description

Investor or House Hack Opportunity! This well-maintained 4-plex, located in the growing town of Gilbert, offers four spacious 2-bedroom, 1.5-bathroom units. Each unit features a private back deck or patio overlooking a wooded area for added privacy. Recent updates include a new roof, gutters, and flooring. The property also features a master lock system and a brick exterior ensuring durability with minimal maintenance. All utilities are separately metered, reducing landlord expenses. With Gilbert's strong rental demand, there's excellent potential to increase rents and maximize cash flow. Walking distance to Gilbert's highly rated school and charming Main Street is great for tenant retention. This prime multi-family property won't last long!

Location

State IA

County Story

Zoning res

Body of Water Public

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Exterior

Garage No

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

School District Gilbert


Listed by RE/MAX REAL ESTATE CENTER

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agent

Marc Olson

Broker/Owner

+1(515) 291-7900

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180 1st ST