718 Avenue E., Fort Madison, Iowa 52627

Looking for a great business opportunity? Located in the Park-To-Park Historic District within walking distance to the Mississippi River, this fully furnished 4 plex is ready to go for vacation rentals on AirB&B and VRBO, or mid-term rentals for traveling professionals on FurnishedFinder.com. Check out "The Luckenbach", "The Lily Pad", "The Ritz", & "The Woolaroc". Each unit currently rents for $1,100 per month for mid-term rentals, or $80 per night on VRBO. The Owner pays all utilities. Detached 5 car garage has separate space for each unit
with electric garage openers. New in Dec. 2022 single ply PVC membrane roof & additional insulation to the roof, two new garage doors and openers, refinished hardwood floors, some newer plumbing & electrical. 3 units have its own dryer. 2 washing machines in basement. One unit has a stack washer/dryer. All units are 1 bedroom with lovely sunroom, dining room, & full kitchen with standard size appliances, including microwaves. Hot water heat. 2 window A/C's
in each unit. Owner has taken great care in this 4 plex but says time for another caretaker. Property does have separate electric meters for each unit & for the house (basement, foyer, back of building)