1407 Georgia Avenue, Ames, IA 50014

$550,000.00

estimated mortgage

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Outstanding income-producing triplex built in 1995 offering three large 4-bedroom, 2 full bathroom units. Each unit features its own washer and dryer, private garage, and spacious floor plan designed for strong tenant appeal and long-term occupancy. Market rents are projected at $1,470 per month per unit, creating excellent income potential for investors. The property has been well maintained and includes a newer roof installed in 2019. The Landlord provides lawn care, snow removal, and trash service; all other utilities are the responsibility of the tenants. Large bedroom counts, desirable tenant amenities, and solid rental income make this a rare multifamily opportunity with strong cash flow potential and long-term investment value.

Listing courtesy of

Keller Williams Ames

MLS #:

70227

Year Built:

1995

Lot Size:

0.23 Acres

Exterior:

Vinyl Siding

Foundation:

Poured

Heat Type:

Forced Air, Natural Gas

Cool Type:

Central Air

Monthly payments are estimates based on current market rates for a 30-year fixed mortgage with 20% down and 5.0% interest. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.