Address
1231 N Dakota AVE Ames, IA
Price
$ 950,000
Property Attributes
  • MLS#547781
  • TypeMulti-Family
  • CountySTORY
  • CityAmes
  • AreaAmes
  • Zip50014
  • StyleApartment Style
  • Taxes10120
  • Price$ 950,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
RE/MAX REC
Property Description

12 plex - 11 2bd/1ba units, 1 1bd/1ba unit. Well managed/maintained. Roof +/-2004 with other updates as needed. Unit 1 almost finished w/renovations. Some of the units have newer trim/doors. Possibility of adding additional parking and/or parceling off lot to potentially build a duplex(city would need to approve). Annualized Pro Forma: Gross - $115,200 // Expenses - $43,526 // Net Income $71,674.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
9/13/2017 Listed $950,000

General Features

Landlord Tenant Utilities Electric Tenant, Gas Tenant, Water Owner
School District Ames
Style Apartment Style
Terms Available Cash, Conventional
Zoning RH

Interior Features

Heat Gas Forced Air

Exterior Features

Exterior Metal Siding
Foundation Concrete Block
Off Street Parking yes
Sewer City
Water City

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 50014

Price
AVG $1.17M
$950K
Taxes
AVG $7,927
$10,120
Visits
AVG 13
16

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