If you're looking for a dependable income-producing property, this fully rented triplex is a standout opportunity. Currently generating over $2,000/month in gross rents, this asset delivers strong cash flow from day one with stable tenants already in place.
Located in the heart of Tama County, this property sits in a steady rental market with consistent demand, making it ideal for buy-and-hold investors, portfolio builders, or anyone seeking long-term passive income. With multiple units under one roof, you benefit from reduced maintenance overhead, diversified rental risk, and a property that performs well regardless of market swings.
Whether you're a new investor or seasoned owner looking to scale, deals like this don't hit the market often,especially ones that cash flow immediately.
Message me for rent rolls, financials, additional photos, or to schedule a walkthrough. This is one worth taking a look at!
Legal: ZEHRUNGS LOT 8 BLK 10
731152
$164,500
Sale
Residential
OneAndOneHalfStory
Residential
301 N Broadway Street
Toledo
Tama
IA
52342
2014
2014
Toledo
1056
1920
North Tama County
OneAndOneHalfStory
No
LPT Realty, LLC, Benjamin Grotzke (515.745.0425)
Listed by : EXIT REALTY & ASSOCIATES, DALLAS BOERM (319.360.1592)
Listed by : RE/MAX PRECISION, GUADALUPE GOMEZ (641.351.0414)
Listed by : RE/MAX PRECISION, GUADALUPE GOMEZ (641.351.0414)
Listed by : EXIT REALTY & ASSOCIATES, DALLAS BOERM (319.360.1592) & EXIT REALTY & ASSOCIATES, MELISSA JOHNSON (641.485.2803)
Listed by : RE/MAX CONCEPTS, MATT COLE (515.669.2004) & RE/MAX CONCEPTS, GEORGE ROMERO (515.864.9142)