Melissa Streeter
- Buy
- Sell
https://www.ruhlmortgage.com/BlakeEller.html
Description
Well-maintained single-story duplex offering an excellent income-producing opportunity in a highly walkable location near schools and downtown. This side-by-side frame building features two separate 2-bedroom, 1-bath units, each with its own living room and kitchen/dining area. The property includes a shared interior stairway to the basement, with separate, private basement areas for each unit, divided by locking doors?ideal for storage, mechanicals, and tenant privacy. Major updates provide peace of mind, including a new roof (2008), new windows and siding (2018), and new heating systems (2021). There is no central air, but the property has been well cared for and efficiently maintained. Off-street parking is available on the lot, and the walkable location adds strong rental appeal. Both units are currently occupied by tenants who would like to remain, making this a turn-key investment with immediate cash flow. Financials available to qualified buyers. Whether you're expanding your rental portfolio or looking for a low-maintenance income property, this duplex is a smart addition.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Sqft: 1,440
County: Hancock
Subdivision: FORD ADDITION
Listed By:
Lakeside Brokers
641-357-5114
No Coast MLS
MLS ID: 6335289
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1465 Allen Avenue, Garner, IA 50438.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $199,500 | $199,500 | $199,500 |
| Down Payment | $39,900 | $6,983 | $49,875 |
| Monthly Mortgage Amount | $931 | $1,143 | $1,213 |
| Taxes | $278 | $278 | $278 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $88 | $0 |
| Monthly Estimated Total | $1,309 | $1,609 | $1,591 |
Melissa Streeter
REALTOR®
Cell: (563) 271-5624
Licensed in IA
Muscatine Office
226 East 2nd Street
Muscatine, IA 52761
(563) 264-0240
Muscatine, IA 52761
(563) 264-0240
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Listings courtesy of No Coast MLS as distributed by MLS GRID.
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