Five or More Units, 2 Stories, Apartments (5+ Units)

duplex for sale

12 views

Listed: 02/14/23

199 Kinney Street, McGregor, Clayton County, IA 52157, USA

Studio Bed:

1 Bath:

6,345 Sq Ft Living Area:

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Price

$ 335,000

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About This Duplex

You must see this Mcgregor historical Victorian style home which has been converted into 8 separate units. This property is full of old world charm and still holds most of the original character. With 7 1-Bedroom and 1 2-Bedroom units this property has maintained 100% occupancy. Two of the units have been completely stripped and remodeled in 2021. All but 2 of the units are separately metered for electricity which the tenants pay. Some units have electric heat while most have hot water heat. Each unit has a wall or window AC unit along with a fridge and stove. There is off-street parking for each tenant as well. With the current housing shortage this is the perfect time to add to your rental portfolio or get into the rental market!!!!

Amenities

This duplex has a spectacular relaxation spot - a deck Roof Deck

Property Also Includes

Parking
Air Conditioning
Dryer
Roof Asphalt
Heating Hot Water
Heating Steam
Fuel Heating Electric

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McGregor Housing & Living

Household Income

Median household income: $38,382

Number of households: 398

The average household income in McGregor, IA grew from $36,591 to $38,382 in the past year. This data is an estimate based upon 398 households in McGregor, IA.
The chart below presents how household income is distributed in McGregor, IA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in McGregor, IA compared to median property taxes around the country. The prevalent amount of property taxes in McGregor, IA equals $800-$1,500 , which is less than the national average.