718 Avenue E, Fort Madison, IA 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 Ritz"(Unit #1)$1100.  "The Lily Pad"(Unit #2)$1300, "The Woolaroc"(Unit #3)$1100, "The Luckenbach"(Unit #4)$1300.  Each unit will be renting at $1,300 per month as of August, 2025.  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.  Property does have separate electric meters for each unit & for the house (basement, foyer, back of building).  Owner has taken great care in this 4 plex but says time for another caretaker. ABOVE GROUND TOTAL FINISHED SQ FT - 4206