Presented by: Keller Williams Legacy Group
Property Description
Investor opportunity in Hiawatha! This fourplex offers four 1-bedroom, 1-bath units and is mostly occupied with several long-term tenants in place. Three of the four units have been remodeled within the past two years, including updated flooring, kitchens, and bathrooms. Recent improvements include exterior maintenance with new gutters, and servicing of the boiler heating system. Current gross rental income is $2,705 per month with room for increase and professionally managed by AMMT Property Management. Landlord currently pays gas, water, garbage, lawn care, and snow removal. Landlord opportunity to add laundry facilities as the connections are already present.
Interior Features
Bathrooms
Total Baths0
Other Interior Features
Air Conditioning Y/NYes
Heating Y/NYes
Laundry FeaturesCommon Area
General
CityHiawatha
Construction MaterialsFrame, Vinyl Siding
CoolingWall/Window Unit(s)
CountyLinn
DirectionsFrom Robins Road: W on Clymer Road, property is on the S side of the road
Elementary SchoolHiawatha
Gross Income35280
HOANo
HeatingGas, Hot Water
High SchoolKennedy
Legal DescriptionBOWLER-LONG 2ND OR AS PER ABSTRACT
Lot Size UnitsAcres
MLS AreaHiawatha/Robins
Middle/Junior High SchoolHarding
ModificationTimestamp2026-03-12T23:34:31.897-00:00
Net Operating Income31510
Number Of Units Total4
Operating Expense3769
OwnerPaysGas, Water
PossessionImmediately
PostalCityHiawatha
Property Sub Type AdditionalMulti Family
Property SubtypeMulti Family
Property TypeResidential
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount$3,204
Tenant PaysElectricity
UtilitiesSeparate Meters
Virtual TourClick here
Year Built1977
Exterior
Lot Dimensions9695
Lot Size Acres0.22
Lot Size Area0 sqft
Parking FeaturesParking Space(s)
Total Parking8
Water SourcePublic
Additional Details
Price History
Schools
Elementary School
Hiawatha Elementary School
