271 Nw Main Street, New Albin, IA

$330,000

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5,000

Square feet

About 271 Nw Main Street

Great investment opportunity in the heart of New Albin! With the only public laundromat in town, this property offers onsite laundry for the tenants as well as additional income potential from the local community. This well-maintained 5-plex features four 2-bedroom, 1-bath units and one spacious 3-bedroom, 1-bath unit, offering solid rental income potential. Each unit provides comfortable living spaces with functional layouts, and the property has a strong rental history. Whether you're looking to expand your portfolio or start investing, this multi-family property is a smart choice with room for continued growth. Current rental income of $3,300/month.

Features of 271 Nw Main Street

MLS® # 20251975
Price $330,000
Square Footage 5,000
Year Built 1920
Type Residential Income
Status Active

Community Information

Address 271 Nw Main Street
City New Albin
County Allamakee
State IA
Zip Code 52160

Amenities

Utilities Cable Paid by Individual, Elec Individual Meters, Garbage in Rent, Gas Prorated, Separate Meters, Water Prorated
Parking Spaces 10
Parking On Street, None

Interior

Cooling Window Unit(s)

Exterior

Roof Rubber, Asphalt
Construction Stucco EIFS, Vinyl Siding

School Information

Elementary New Albin
Middle East Allamakee
High East Allamakee

Additional Information

Date Listed May 1st, 2025
Zoning R-1
Gross Taxes $3,668

Listing Details

AgentBret Doll
OfficeNext Home Prime Real Estate

Listing Map

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