918 Smith Street Woodburn, IA 50275

Rare Investment Opportunity: Turnkey 4-Unit Ranch in Woodburn, Iowa

Attention investors! Discover the perfect "high-yield, low-entry" addition to your portfolio. Situated in the quiet community of Woodburn, just 10 minutes east of Osceola and I-35, this well-maintained four-plex offers immediate cash flow with a history of strong occupancy and low overhead.

Smart Layout: This ranch-style building features four identical 1-bedroom, 1-bathroom units. The single-story design is highly attractive to long-term tenants seeking easy accessibility and no stairs.
Solid Construction: Built in 1977 on a durable slab foundation, the exterior features a low-maintenance brick and frame combination.

Investor Details:
Income: Unit 1: $500, Unit 2: $625, Unit 3: $625, Unit 4: $600, Coin operated laundry: $125
Expense: Water: $125, common area electric: $120, trash: $38
Highlights: No rental inspections, some recent window upgrades, one completely remodeled unit.

All information obtained from seller or public record.