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$127,350 For Sale

505 W Broadway
Fairfield, IA 52556

3 units | Multi Family Home
8712 sq ft lot - MLS# 20175231
Property Photo


This 3-Unit Investment property is a great opportunity for positive cash flow. One main level unit and two upper level units. Main level has 3 bedrooms, hardwood flooring, laundry and Newer water heater. Upper level has a 3 bedroom unit as well as a 1 bedroom unit. Each unit has it's own electric meter, furnace (1 newer) and water service. Exterior sewer line recently replaced.


  • Annual Gross Income: 22500.00
  • Common Features: Other/See Remarks
  • Cooling: Window A/C
  • County/Area: Jefferson County
  • Heating: Gas Forced Air
  • Listing Status: Active
  • Lot Measurement: Acres
  • Lot Size: 0.2000
  • Lot Square Footage: 8712.00
  • Maintenance: 82.00
  • Net Annual Income: 16140.00
  • Parking: Street
  • Property Type: Multi Family Home
  • Road Surface: Hard Surface
  • Sidewalk: Yes
  • Sq.Ft.: 3165
  • Sub Type: 3 Family
  • Total Month Expenses: 530.00
  • Units: 3
  • Util. Paid by Renter: Cable/Satellite,Electricity,Garbage,Gas,Internet,Water
  • Year Built: 1900
  • Zip Code: 52556
  • Zoning: R-3

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ERA Fairfield Real Estate

52 E. Burlington
Fairfield, IA 52556
Licensed in the State of Iowa
Phone: 641-472-2353
Email: ffrealestate@lisco.com


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