2 store fronts with 6 second floor apartments
Oelwein, Iowa 50662
The store front addresses are 1 & 3 S Frederick Ave. They are around 2,000 sq ft each.
The 6 apartments rental income is $1645 per month when fully occupied.
The apartments usually run over 90% occupancy.
The 6 apartments are all electric. No gas. Renters pay electric
All apartments have A/C, stoves and refrigerators.
There are 3 two bedroom and 3 one bedroom apartments.
Garbage, sewer and water are included in the rent and paid by landlord.
There are coin operated washers and dryers located at 1 ½ S. Frederick.
Contact: Denny Martin