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$675,000   Price Analysis
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207 S 1st St
Osage, IA 50461
12 bed 10 bath 5,356 SqFt ($126/SqFt)
2.03 acre lot. Built 2019
Listed 2022-10-28, Taxes $5,434
USDA Eligible
near Osage, IA
 Restrictions may apply
due to home size

Wonderful investment opportunity!

Well-designed, quality-constructed, South-facing four-plex, each unit with 3 BR's, 2 BA's, patio, attached heated garage and full set of appliances.

Fully occupied. Parcel will acco mmodate another mirror-image building and/or multiple other structures. Seller will enter into a transaction subject to the tenant leases and for closng after 06/21/23.


Presented by Kevin Kolbet at
Kolbet Realtors.
Listing Agent Photo

Property MLS #20225052 from NorthEastIARegional

Bedrooms: 12

Laundry Facilities: 1st Floor, 2nd Floor, Laundry Closet

Cooling Features: Ceiling Fan, Central Air
Heating Features: Forced Air, Gas
Heating Fuel: Natural Gas

Full Bathrooms: 10

Basement Description: Concrete, Floor Drain, Slab

Patio
Porch-Covered
Road Frontage Type: Hard Surface Road, Shared Drive

Lot Description: Level
Lot Size Acres: 2.03
Lot Size Dimensions: 198'x445.5'
Lot Size Square Feet: 88427

Garage Spaces: 4
Garage Description: Attached
Off Street Parking: 8
Parking Features: Attached, Garage, Parking Area

Elementary School: Osage
High School: Osage
Middle School: Osage

Lincoln Elementary School is a public elementary school located approximately 0.5 miles away.
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Osage Middle School is a public elementary and middle school located approximately 0.8 miles away.
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Osage High School is a public high school located approximately 0.8 miles away.
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Sacred Heart Elementary School is a private elementary school located approximately 1 miles away.
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Number of Units: 4
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 3
Bedrooms in Unit-3: 3
Bedrooms in Unit-4: 3
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 2.5
Total Bathrooms in Unit-3: 2.5
Total Bathrooms in Unit-4: 2

Tenant Pays: Electric, Garbage, Gas, Heat, Trash, Water

Annual Tax Amount: 5434
Source Listing Status: ACTIVE
Source Property Type: MULTI-UNIT
Area: Mitchell
Source Neighborhood: Mitchell
Parcel Number: 1026126016
State Region: Outside the Metro Area
Zoning: R-3
Flood Plain: Not in Flood Plain
Property Subtype: Fourplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$243,560 + $55,150
$298,710
$5,434
2021$197,110 + $55,150
$252,260
$3,510
2020$100,380 + $55,150
$155,530
$232
2019$unknown + $12,300
$12,300
$240
2018$unknown + $12,300
$12,300
$234
2017$unknown + $12,300
$12,300
$242
2016$unknown + $12,300
$12,300
$236
2014$unknown + $unknown
$12,300
$790
2012$31,090 + $14,750
$45,840
$718
2011$unknown + $unknown
$45,840
$662
2008$unknown + $unknown
$43,930
$576

'NoneType' object is not iterable

Total Square Feet Living: 5356
Year Built: 2019
Builder Name: Brown Construction
Building Exterior Type: Permanent Siding, Vinyl
Property Age: 5
Roof: Asphalt
House Style: 2 Stories, Quadruplex
Total Area Main: 3820

Sewer: City
Elec Individual Meters
Gas Individual Meters
Separate Meters
Water Individual Meters
Water Source: City
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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.