$269,000

604 S Main Street , Fairfield, IA 52556

 
Bedrooms:0 beds
Bathrooms:0 baths
Commercial Sale:3,460 sqft
Lot:0.78
Year Built:1900
Listing Status:Active

Listing Agent

Joanne Terrien
Loan Amount:
Interest:
Term (Years):
Annual Tax:
Monthly Principal + Interest:$
Monthly tax: $
Total Payment:$

These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

Description

Situated on a picturesque 3/4 acre lot in a well-established neighborhood, this east facing property appeals to investors looking for positive cash flow, as well as those who appreciate the character & charm of an older home ! Opportunity abounds as it's currently set up as an income-generating 5-plex, or you could live in 1 unit while the other rentals pay your living expenses. Lovingly updated with a new exterior paint job, newer metal roof, plumbing & electrical upgrades, updated bathrooms to 4 of the 5 apts. & some updated kitchens. 1 of 5 units needs some finishing touches with a choice of flooring & kitchen details. Those searching for a project could turn this back into a glorious single-family home, as it once was. The property also features some of the most beautiful trees in town- a rarity which can't be matched! See the amazing attic space begging to be turned into a stunning primary suite, ping pong room or flex space. 2 of the 5 apts. are rented with year leases. 3 garage spaces with a large area for additional off street parking. The tenants pay their own electric, but rent includes heat & water. Ask your agent for the income & expense sheet. The Principals of the LLC that owns the property are related to the listing agents. Tenants need 24 hours notice to show. Call for a viewing today!

Detailed Items

Other Information

604 S Main Street, Fairfield, IA, 52556 is a commercial sale listing of 3,460 sqft on a lot of 0.78. This commercial sale listing has 0 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property604 S Main Street, Fairfield, IA
Copyright © 2025 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ask a question

By pressing Request Info, you agree that HousingNow.com and real estate professionals may call, text or email you regarding your inquiry, which may involve the use of automated means.
Learn how to appear as the Local Advisor above