14-16 2nd Street
$1,650,000
12
Beds
1
Bath
5,400
Sqft
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$1,650,000
12
Beds
1
Bath
5,400
Living Area
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Property Description
RARE fully turnkey investment property with 6 fully de-leaded units with separated gas and electric utilities. With no driveway to plow in the winter or tenant utilities to pay for, operating expenses are manageable for this cash cow of a property. The property includes a list of recent updates including a newer roof, all new heating systems, updated plumbing, updated electrical, and a new sprinkler system installed in 2015. With 2 beds and 1 bath per unit, the property is poised for strong cash flow through stable and strong rents in these recently renovated units featuring updated bathrooms, kitchens, floors, and laundry hookups in the basement. This one is a strong buy and hold investment you won't want to miss!
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Highlights
- Area: Centralville
- Property Class: Residential Income
- Stories: 5
- Year Built: 1880
- Levels: 5
- Property Type: 5+ Family - 5+ Units Up/Down
- Total Rooms: 24
- Status: Active
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Additional Details
- Basement: Full, Concrete
- Flooring: Tile, Vinyl
- Interior Features: Living Room, Kitchen
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: Tmf
- Construction: Frame
- Foundation: Stone
- Lot Features: Level
- Roof: Shingle
- Total Number of Units: 6
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Laundromat, Highway Access, Private School, Public School, T-Station, University
- Parking Features: On Street
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $1,265,900
- Taxes: $14,368
- Tax Year: 2026
- Total Rent: $4,150
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Keynova Group LLC.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.