| INVESTMENT OPPORTUNITIES!!! |
#1: SINGLE FAMILY HOME - 702
EAST VAN BUREN STREET
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~ Kitchen, living room, bedroom, small den and bathroom.
~
~ Back entry to basement has hookup for washer and dryer. ~
~ Enclosed breezeway with attached 20'x20' garage. ~
~ New high energy efficient gas furnace. ~
~ Central air conditioning. ~
~ Home built in 1918 has 718 sq. ft. ~
~ Situated on 62'x121' corner lot. ~
~ Zoned R-2. ~
~ Assessed value $46,000.00. Gross and net taxes $790.00 ~ |
#2: FOUR FAMILY CONVERSION HOME
414 WEST JEFFERSON STREET
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~ East downstairs apartment has kitchen, living room, bedroom and bathroom.
~
~ West downstairs apartment has kitchen, living room, bedroom and bathroom.
~
~ West upstairs apartment has kitchen, living room and small bedroom. ~
~ East upstairs apartment has kitchen/dining area, living room, bedroom
and bathroom. ~
~ Full basement has gas forced air furnace (owners paid heat costs). ~
~ Electricity split out and paid for by tenants. ~
~ Home built in 1900 has 2512 sq. ft. ~
~ Situated on 66'x132' lot and sub lot of 7'x66'. ~
~ Detached two car garage. ~
~ Zoned R-2. ~
~ Assessed value $55,700.00 Gross and net taxes: $2096.00 ~ |
#3: 1 ½ STORY HOME -
1014 EAST WASHINGTON STREET
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~ Main level has kitchen, dining room, living room and laundry room.
~
~ Upper level has two bedrooms and bathroom. ~
~ Partial basement has gas forced air furnace. ~
~ Situated on 65'x146' lot. ~
~ Large detached garage and shed. ~
~ Home built in 1900 has 1043 sq. ft. ~
~ Zoned R-2. ~
~ Assessed valuation $45,200.00. Gross and net taxes $768.00 ~ |
#4: 62'X128' VACANT
LOT - 806 NORTH 4TH AVENUE
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~ Zoned R-2. ~
~ Assessed valuation $11,400.00 Gross and net taxes $202.00 (approx.) ~ |
TERMS: 20% down payment on April 29, 2008. Balance to be paid on
or before May 29, 2008 upon delivery of merchantable abstract and deed.
POSSESSION: May 29, 2008.
REAL ESTATE TAXES: To be prorated to date of possession on the basis
of the last available tax statement and all prior taxes. Seller shall
pay any unpaid real estate taxes payable in prior years. |
KENNETH L. FENN ESTATE
Cathy Fenn and Guy Leith - Co-Executors
Joseph L. McConnell of Lloyd, McConnell & Davis L.L.P. - Attorney for
Estate |

Richard Realty & Auction, Inc.
605 East Winfield Avenue, Mt. Pleasant, Iowa
319-385-2000
Lynn Richard ~ Chris Richard ~ Jim Huff ~ Jason Denning ~ Lee Pennebaker
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BY RICHARD REALTY & AUCTION |