$192,000 Price Analysis   ♡   Fairfield, IA 52556 6 bed 3 bath 2,936 SqFt ($65/SqFt) 0.25 acre lot. Built 1900 Listed 2024-06-27, Taxes $3,554 | ✓ USDA Eligible near Fairfield, IA Restrictions may apply due to home size |
This conveniently located triplex has excellent income potential.
Walking distance to the square, Everybody's grocery store and MIU. Each 2 bed room apartment has its own private entrance, separate utilities, garage parking space, basement, washer and dryer and even street address. Hardwood floors, updated kitchens and baths, new windows in 2018, metal roof 10 yrs. ago. The back yard is partially fenced and has a raised garden bed and wood fired pizza oven.
The detached garag has three parking spaces and a bonus room. There is also a carport and extra off street parking. Tenants are on one year leases. Current rents are $850, $850 and $900/month ($2600 total). Owners have priced the property already taking into account that the exterior needs paint or new siding, etc. If the Buyer wants the exterior finished, the Owners are willing to sell the house at $234, 000 and they will install new siding, new garage doors and paint trim. This is a wonderful rental property, come check it out!
Presented by Beth Alonso at
Fairfield Real Estate.
Property MLS #6318773 from NoCoastMLS
Lot Size Dimensions: 82' x 132'
Lot Size Square Feet: 10890
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Half Bathrooms in Unit-3: 1
Unit 1 Total Actual Rent: 850
Unit 2 Total Actual Rent: 900
Maintenance Expense: 86
Source Listing Status: Active
County: Jefferson
Directions: The house is on the NE corner of N. 2nd Street and W. Hempstead. It technically has three addresses: 107 W. Hempstead, 301 N. 2nd Street and 303 N. 2nd Street.
Tax Year: 2023
Source Property Type: MULTI-FAMILY (2-4 UNITS)
Insurance Expense: 160
Area: Jefferson
Source Neighborhood: Jefferson
Property Subtype: Triplex
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $123,900 + $25,000 $148,900 | $3,554 |
| 2021 | $91,800 + $18,500 $110,300 | $2,800 |
| 2020 | $91,800 + $18,500 $110,300 | $2,994 |
| 2019 | $91,800 + $18,500 $110,300 | $3,122 |
| 2018 | $92,500 + $12,300 $104,800 | $3,216 |
| 2017 | $92,500 + $12,300 $104,800 | $3,992 |
| 2016 | $112,500 + $12,300 $124,800 | $4,254 |
| 2014 | $77,500 + $12,300 $89,800 | $3,554 |
| 2013 | $77,500 + $12,300 $89,800 | $3,338 |
| 2012 | $69,700 + $12,300 $82,000 | $3,450 |
$192,000
NoCoastMLS
Listing removed 2024-04-11
$0
TurboTenant
Listed for rent 2024-04-02
$850
TurboTenant
Sold 2023-02-21
$85,000
Public Record
Sold 2018-02-22
$126,000
Public Record
Property Age: 124
Total Below Grade Area: 1468
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.