271 Main STREET NW, NEW ALBIN, IA 52160

Local realty services provided by:ERA MyPro Realty
#1#2#3
Listed by:bret doll
Office:nexthome prime real estate
MLS#:1920544
Source:Metro MLS
271 Main STREET NW,NEW ALBIN, IA 52160
$330,000
  • - Beds
  • - Baths
  • 5,000 sq. ft.
  • Multi-family
  • Pending

Price summary

  • Price:$330,000
  • Price per sq. ft.:$66

About this home

Great investment opportunity in the heart of New Albin! With the only public laundromat in town, this property offers onsite laundry for the tenants as well as additional income potential from the local community. This well-maintained 5-plex features four 2-bedroom, 1-bath units and one spacious 3-bedroom, 1-bath unit, offering solid rental income potential. Each unit provides comfortable living spaces with functional layouts, and the property has a strong rental history. Whether you're looking to expand your portfolio or start investing, this multi-family property is a smart choice with room for continued growth. Current rental income of $3,300/month.

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Home facts

  • Year built:1920
  • Listing Id #:1920544
  • Added:76 day(s) ago
  • Updated:August 15, 2025 at 03:23 PM

Rooms and interior

  • Living area:5,000 sq. ft.

Heating and cooling

  • Heating:LP Gas

Structure and exterior

  • Year built:1920
  • Building area:5,000 sq. ft.
  • Lot area:0.21 Acres

Utilities

  • Water:Municipal Water
  • Sewer:Municipal Sewer

Finances and disclosures

  • Price:$330,000
  • Price per sq. ft.:$66
  • Tax amount:$3,668 (2023)
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