This is an opportunity to acquire a fourplex in Fairfield, Iowa, home of Maharishi University. (MIU, previously MUM) A spiritual, eco-conscious community of compassionate creatives and builders. This is a distress sale. The building is in disrepair and in need of work on both plumbing and HVAC. The city wants it condemned. One unit is badly damaged due to a delinquent tenant. The gross income is $40,800 annual with all units rented. After utilities and maintenance expenses, it comes out to around a 10 CAP or higher. Price is negotiable. I would prefer an all-cash investor who is familiar with Fairfield, but out of state is ok if financing is acquired. Contact me for more information and to schedule a showing, directly on WhatsApp is possible with my phone number listed.