Unique Opportunity to own 5 residential units on 4 acres outside of city limits! The information for the five houses is as follows: #1 is a 3 bedroom double wide that is 1288 sq ft , it has 2 baths, and a 20 x 24 carport. Roof is approx. 3 1/2 years old. This house has central heat and air. House #2 features 2 beds and 2 baths and has 780 sq ft. It is a single wide, with a metal roof. House #3 is a 1256 sq ft home with 3 beds, 2 baths, and a 2 car carport. Features of house #4 include 1 bedroom, 1 bathroom and 637 sq ft. It has a metal roof and a 2 car carport. House #5 is a loft apartment above a 864 sq ft garage. Roof is approximately 1 1/2 years old. In the back of the property there is a fenced pasture that is approximately 2.6 acres. There is also a 1400 sq ft shed. Owner Financing is Available. Do not disturb tenants.
5 Residential Units!!! Great investment opportunity! This 4 acre property has 5 different residences on the front, that are all rented, and the back 2.6 +/- acres has fenced in pasture. The rents are all month to month and could be changed with 30 day notice. As you drive into the property, house #1 (starting on the left) is a 1288 sq ft double wide, with 3 beds, 2 baths, & 20 x 24 carport. Roof is approx. 3 years old, and it has central heat & air. House #2 (from the left) is a 780 sq ft single wide, with 2 beds, 2 baths, and a metal roof. House #3 is a 1256 sq ft home with 3 beds, 2 baths, and a 2 car carport. House #4 (at the back) is a 1 bed, 1 bath, 637 sq ft home with a metal roof, and a 2 car carport. House #5 is a loft apartment above a 864 sq ft garage. Roof is approx. 1 year old, and owner currently uses the garage below as storage. There is an additional 1400 sq ft shed at the back of the property. All 5 homes a shared well, with a new pump installed in the past year, as well as a shared septic that was installed in 2006. With the possibilities of rent income, this property cash flows on day one! Call today to schedule a time to take a look.
SOMO #60189696
May 5, 2021
Listed
$185,000
$144/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,001 (+4.3%)
2024
$959 (+0.5%)
2023
$954 (+7.7%)
2022
$886 (+28.4%)
2021
$690 (+5.3%)
2020
$655
2019
$655 (+10.9%)
2018
$591 (+0.3%)
2017
$589
2016
$589 (+0.2%)
2015
$588 (+3.9%)
2014
$566
2013
$566
Tax history for 1309 E 427th Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,001 (+4.3%)
2024
$959 (+0.5%)
2023
$954 (+7.7%)
2022
$886 (+28.4%)
2021
$690 (+5.3%)
2020
$655
2019
$655 (+10.9%)
2018
$591 (+0.3%)
2017
$589
2016
$589 (+0.2%)
2015
$588 (+3.9%)
2014
$566
2013
$566
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.