Properties

PROPERTY DETAILS
Property Description :

Investor Alert! Bring your tools—and your best and highest offer! These two buildings (eight units total), priced well below market value, include six two-bedroom units currently rented at $800 per month, one three-bedroom unit at $1,000, and one one-bedroom unit at $700 per month.

While the properties could use some TLC, they present a strong investment opportunity for those looking to add value and maximize returns. Located in a desirable area with strong rental demand, this property offers steady cash flow and potential for appreciation and rent increases.

Please allow 24 hours’ notice for all showings. Don’t miss out on this income-generating asset—schedule a viewing today! Properties can be purchased separately, but the best value comes from buying them together. Buyer to verify lot size and Sq Ft.

Property Type : Residential
Listing ID : 2503305
Listing Type : For Sale
Price : $480,000
Year Built : 1980
Lot Area : 0.18 Acre
Building Area Total : 3468
Lease Amount Unit : Dollars Per Square Foot
Property Type : Multi Family
Area : Hiawatha/Robins
Listing Status : Active
Property Sub Type : Multi Family
Property Subtype : Multi Family
Property Description

Investor Alert! Bring your tools—and your best and highest offer! These two buildings (eight units total), priced well below market value, include six two-bedroom units currently rented at $800 per month, one three-bedroom unit at $1,000, and one one-bedroom unit at $700 per month.

While the properties could use some TLC, they present a strong investment opportunity for those looking to add value and maximize returns. Located in a desirable area with strong rental demand, this property offers steady cash flow and potential for appreciation and rent increases.

Please allow 24 hours’ notice for all showings. Don’t miss out on this income-generating asset—schedule a viewing today! Properties can be purchased separately, but the best value comes from buying them together. Buyer to verify lot size and Sq Ft.

Features
: Parking Space(s)
: Public Sewer
: Separate Meters
Address Map
US
IA
Linn
Hiawatha
52233
Northwood
58/66
Drive
ROBINS RD TO NORTHWOOD.
Hiawatha/Robins
1,2,3,4
Neighborhood
Hiawatha
Kennedy
Harding
More Information
SKOGMAN REALTY
Maggie Druger
$0
$0
$0
Additional Information
: Frame , Vinyl Siding
: Slab
7875 each
8
2025-05-08
: Public
Financial
8025.0
Listing Information
DRUGERMAGGIE121
CSKN
Cash, Conventional
Active
2025-05-09T01:35:03Z
CDR
2025-05-08T09:16:47Z

58/66 Northwood Drive 1,2,3,4

58/66 Northwood Drive 1,2,3,4

  • Lot Area: 0.18 Acre
List Price: $480,000.00
Listing ID#2503305
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Q4 Agents

JASON ROGERS

Broker

1950 Boyson Road Hiawatha, Iowa 52233

Contact Jason Rogers:

319-361-3958 jrogers@Q4realestate.com

CRAIG BYERS

Realtor, CCIM

1950 Boyson Road Hiawatha, Iowa 52233

Contact Craig Byers:

319-360-7017 cbyers@Q4realestate.com

AUSTIN GEASLAND

Realtor

1950 Boyson Road Hiawatha, Iowa 52233

Contact Austin Geasland:

319-893-3279 ageasland@Q4realestate.com

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