Description:

GUTTENBERG HISTORIC ROCK BUILDING CASH FLOW MONSTER: Located Centrally in Downtown Guttenberg @ # 11 Schiller Street; This is A Great Income Property and Investment Enterprise. The Original HISTORIC ROCK BUILDING; has New Metal Roof, Has Been Beautifully Renovated Inside and Out. There is a Nicely Remodeled Interior in Main Bldg. All Located on a 42’ by 100’ Lot the
Main Building Has:
2 Bedrm Basement Apartment Rented @ $325.00 a Month;
2 Bedroom Main Floor Apartment Rented @ $400.00 a Month;
2nd Floor 2 Bedroom Apartment Rented @ $375.00 a Month;
AND Framed Out 3 Floor (Unfinished).

The Rear Building was Built New in 2002. and Consists of:
A 4 Stall Garage Building With 4 Stalls @ $40.00 a Piece = $160.00 a Month
PLUS: 3 Efficiency Apartments with Kitchenettes Over the Garage Building
#1 Rented @ $225.00 a Month
#2: Rented @ $300.00 a Month
#3: Rented @ $400.00 a Month.
Utilities Paid by Renters except for the Efficiency Apartments – We Pay the City Bills Approx.
$100.00 or Less Each Month

GREAT Rental History Ask Gary For Rental Unit Details. This Property Has GREAT Cash Flow
And All Utilities are Split. Property Taxes Are$7,600.00 a Year; Insurance is: $1,320.00 a Year
TOTAL MONTHLY INCOME OF OVER $2,185.00 a Month.

Listed @ $295,000.00
THIS BUILDING IS BEAUTIFULLY DONE IN AND OUT. COME SEE FOR YOURSELF.

“Rightway Realty”
Gary K. Willman Broker
PO Box 818
31663 Hwy 52
Guttenberg, Iowa 52052
Proudly Licensed in The
State Of Iowa
Cell Phone 563-599-7196
Office Phone 563-252-1144
Office Fax 563-252-1151
rightway@alpinecom.net

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