Greater Des Moines Market Center

Home for Sale at 106 W Robinson Street Unit: 1-8, Knoxville, IA 50138

     For additional information, contact Greater Des Moines Phone: (515) 334-4900

106 W Robinson Street Unit: 1-8, Knoxville, IA 50138
Listing# 456460
Sold Price: $280,000
Sq. Feet: 6680
Type: Commercial
School District: Knoxville
County: Marion
    Photo of home for sale at 106 ROBINSON Street W, Knoxville IA
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Property Description:
GREAT INCOME INVESTMENT PROPERTY - This building is turn key ready to go and priced at a 9.76% CAP rate. Very well maintained, low maintenance 8 unit apartment building located 1.5 blocks west of town square. All units are 2 bedroom, 1 bath and range from 777 to 847 sq ft. The 4 upper units each include one large loft bedroom. Brick exterior, steel roof, windows recently replaced. Tenants pay their electric including heat. Coin operated laundry and all stoves and refrigerators included. Each unit is a separate parcel with Assessor. Knoxville's is a great long term rental market as the town continues to grow and attract manufacturing and other jobs into the area. It offers small town living with it's own attractions and close proximity to Des Moines. Additional financial information available to serious investors.

Property Type:Commercial
Listing Status:Sold
Sold Date:10/1/2015
Area Name:Knoxville
Year Built:1925
Square Feet:6680
Lot Square Feet:5350
Air Conditioning:Central
Heat Source:Electric
Lot Size:50x90 + 10x85
Interior Features:1st Flr Laundry
School District:Knoxville

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