1209 6th Street, Milford, IA 51351 for Sale

General Description

Turnkey Multifamily Investment Opportunity in Milford. 24-unit residential units with a strong rental history that practically runs itself. Built in the mid- 1990's this complex offers 14 (3 bedroom, 1 bath unit), 6 (3 bedroom, 2 bath unit), 4 (2 bedroom, 1 bath) most units remodeled/updated and include a garage. In addition to the 24 housing units the property includes 12 storage units for extra income potential and ample parking. Conveniently located within walking distance to Okoboji Schools and in the growing Iowa Great Lakes, this property offers an attractive combination of existing performance and long-term potential for investors.

Legal: E 123' EXC E 60' OF N 175' & EXC. "L" AVE. R-O-W LOT 17 & LOTS 18 AND 19 EXC N 175' MEYER'S 3RD ADD