1521 S G Avenue new Save Request In-Person Tour Request Virtual Tour
Nevada,IA 50201
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 16,594 sqft
Price per Sqft $126
MLS Listing ID 730729
Bedrooms 1
Full Baths 32
HOA Y/N No
Year Built 1997
Annual Tax Amount $19,466
Tax Year 2024
Lot Size 2.050 Acres
Acres 2.05
Property Description
Nevada Living Apartments presents a strong, turnkey investment opportunity in the heart of Nevada, IA. This fully stabilized, recently renovated 32-unit complex features efficient studio apartments, each with its own, newly renovated, kitchen. An on-site laundry room with coin-operated machines provides additional revenue, while a spacious 2-bedroom manager's apartment allows for convenient, built-in oversight or added rental income. A utility monitoring system has also been installed to maximize cost efficiency. With modern updates, reliable occupancy, and multiple income streams, this property offers long-term stability in a growing community.
Broker has a financial interest.
Location
State IA
County Story
Area Nevada
Zoning MR R3
Rooms
Basement Crawl Space
Interior
Interior Features See Remarks
Heating Natural Gas,See Remarks
Fireplace No
Appliance See Remarks
Exterior
Community Features See Remarks
Roof Type Asphalt,Shingle
Private Pool No
Building
Lot Description Irregular Lot
Foundation See Remarks
Sewer Public Sewer
Water Public
Schools
School District Nevada
Others
Tax ID 11-17-116-125
Monthly Total Fees $1,622
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional