Attention income property investors! If you have been looking for the perfect property to add to your existing portfolio or if you are a beginning investor looking to start investing in multi-family real estate, this is the ideal property for you. This property contains six units: four (2 Bedroom and 1 bath) and two (1 Bedroom – 1 bath), with a gross annual revenue of $46,200 as of 03/31/26. The property has a number of tenants who have been residents for many years. There is potential for increased revenue generation for the units with the current market. The property was built in 1997 and has been well maintained to minimize future potential maintenance costs. The location is extremely desirable, situated about one block off of the Winterset square with easy access of all the area's major amenities and services.
Legal: UNIT 1 JEFFERSON ST APT N1/2 LT 1, E14' N1/2 LT 2 & W8' N1/2 E1/3 LT 2 BLK 17 ORI
737262
$440,000
Sale
TwoStory
MultiFamily
122 E Jefferson Street 1
Winterset
Madison
IA
50273
10
5952
2
5952
5808
Winterset
10740
1997
Winterset
TwoStory
Baseboard, Electric, ForcedAir, Gas
Public
PublicSewer
CentralAir
No
Stucco, WoodSiding
Ruby Realty Group LLC, Bob Ruby (515.987.8400)