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Quadruplex - Hampton, IA
Cash flow, Cash Flow with 3 one-bedroom apartments rented at $600 per month and one at $650 per month. Units have a new 5 YEAR Rental certificate from the city. The leases are all month to month with a good track record of full capacity. Many are long term renters with one renter calling this "home" for over 10 years. The roof was replaced 2 years ago. Owner pays water ($120), garbage ($60) and gas ($121) while renters pay electricity.
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