$230,000
0.2± Acres
Available

TRI-PLEX INVESTMENT OPPORTUNITY CLOSE TO THE SQUARE IN FAIRFIELD, IA

ID: 112630
Status: Available
Price: $230,000
Acres: 0.2
Address: 200 E Briggs
City, State: Fairfield, Iowa
County: Jefferson
Zip Code: 52556

Description

Tri-Plex Investment Opportunity near the Fairfield square!
Here's your chance to own a solid income-producing property in a prime Fairfield location. Situated just one block from the town square and only 2 1/2 blocks from the high school, this well-maintained triplex offers convenience, charm, and excellent investment potential.
The main-level unit is currently rented for $950 per month and features 2 bedrooms, 1 bathroom, beautiful hardwood floors, spacious rooms, and plenty of natural light.
The upper-level unit is currently vacant and offers 2 bedrooms, 1 bathroom, a large kitchen, spacious living room, generously sized bedrooms, and a beautifully updated tiled shower, making it move-in or rent-ready.
The basement apartment is also currently vacant and includes 1 bedroom, a 3/4 bathroom, a full kitchen. The bathroom is currently being updated by the property owner.
A shared laundry area is conveniently located in the basement and is accessible to all three units.
Whether you're looking to add to your investment portfolio or live in one unit while renting the others, this property offers flexibility, strong income potential, and an unbeatable location close to downtown shopping, dining, schools, and local amenities. Don't miss this fantastic opportunity to own a versatile multifamily property in Fairfield!

Showing Instructions:

Please call or text listing agent as we will need to give tenants a 24hr notice before showing unit 1 that is occupied. Unit 2 and 3 are vacant and will have keys in lockbox on property.

Additional Details

Home Details

Sq Ft: 2925.00
Beds: 5
Full Baths: 3
Year Built: 1880
Stories: 2
Exterior Materials: Stucco
Roof: Asphalt
Basement: Apartment
Flooring: Carpet, Laminate
Water Source: Public
Cooling: Central Air, Window Unit(s)
Heating: Central

Additional Info

School District: FCSD

Financial

Taxes (annually): $2,334
Tax Year: 2024
Legal Description:

OLD PLAT LT 4 BLK 10

Maps

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