1324 28 StNorwalk, VA 50211

This exceptional investment opportunity consists of three newly constructed, two-story buildings located in Norwalk, IA, at 1312, 1318, and 1324 E 28th St. The property features eight identical units, each boasting 1,645 square feet of living space, three bedrooms, two and a half bathrooms, and a two-car attached garage. High-end finishes include Quartz countertops, tile backsplashes, stainless steel appliances, and luxury vinyl plank flooring. Each unit also offers a private patio and access to backyard space. The unfinished basement in each unit provides an additional 719 square feet of space. The property sits on a 0.32-acre lot and is zoned R-3. City water and sewer services are available. Construction was completed in 2024, and the property features poured concrete foundations, asphalt shingle roofs, and vinyl exteriors. Heating is electric. Low HOA dues of $165 per month cover snow removal, lawn care, exterior maintenance, and insurance. A five-year partial tax abatement is in place, further enhancing the property's cash flow potential. Comparable units are currently leasing for $2,050 per month. The APN numbers are 63348010220, 63348010230, and 63348010240. This turnkey investment offers immediate income potential and strong long-term growth prospects. The asking price for this eight-unit portfolio is $864,700.