$89,000 / 4br - 2078ft2 - Quadplex for Assignment – Creston, IA (Creston)

***Disclaimer: I am not the owner or a licensed agent. I am assigning my equitable interest in the purchase contract. This is a contract assignment opportunity—not a direct property sale.*** For the address, please text me directly at show contact info . 💰 Asking Price: $89,000 🏠 Property Type: Quadplex 🛏️ 4 Beds / 4 Baths 📐 2,078 sqft ✅ Previously cleared with city inspection ✅ Rented as Section 8 housing (in as-is condition) ✅ Solid cash flow with upside potential ✅ Gross rents in current condition: $2,100–$2,600/month (beats the 1% rule) 🔧 Bonus #1: Includes a small 2-car garage—ideal for tenant parking or storage 🧩 Bonus #2: Features a separate bonus room in the back—flex space for office, studio, or additional income potential 🏡 Comp: A smaller triplex on the same street in outdated/average condition recently sold for $127,000. Further details available upon request.