



Investment property opportunity deserving serious consideration!! Total of 5 units within 3 separate buildings and all are rented. Your tenants have the benefit of available garage units for rent. Summary for each unit: #414: (Green home-south unit) 3 bedrooms, 1 full bath. Baseboard electric heat, p-tac cooling unit, stove and frig included, steel roof, updated vinyl sliders on most windows. Currently rents for $700/month. #418: (Tan home-center building) 1 bedroom, 1 full bath. Mini-split a/c unit. Currently rents for $550/month. #420: (Tan home-center building) 2 bedrooms, 1 full bath, window a/c unit. Currently rents for $675/month. #422: (Blue home-north building) 1 bedroom, 1 full bath. Mini-split a/c unit. Updated unit. Currently rents for $550/month. #424: (Blue home-north building) 2 bedroom, 1 full bath. Vinyl sliders for windows, not updated. Currently rents for $675/month. 7 garage units: two are vacant. Four have updated doors and automatic openers. Yields $160/month. Tenant pays their own utilities. Total Income = $3150/month (doesn`t include garage rental at $50 per unit). Expenses = $612/month (insurance, property taxes, mowing, snow removal, electric). Additional expenses are property management, repairs/maintence, renovations..
| Type | School name | District name |
|---|---|---|
| High | Paullina | Not available |
| Elementary | Primghar | Not available |
| Middle | Primghar | Not available |
| Juniorhigh | Primghar | Not available |
| Year | Tax amount | |
|---|---|---|
| 2025 | USD $2916 | NZD $5,277* |
*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither realestate.co.nz nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. realestate.co.nz recommends that you independently verify any information before relying on it.
Email enquiry to Northwest Realty
Property ID: 110120648487
Original Property ID: 3yd-NWIBRIA-835022