$125,000 Price Analysis 311 IowaBenton, IA 50835 4 bed 1 bath 1,616 SqFt ($77/SqFt) 15.6 acre lot. Listed 2024-02-17 | ✓ USDA Eligible near Benton, IA |
This property presents a rare opportunity to own approximately 15.6 acres of land in Southern Iowa. While the house on the property is currently uninhabitable and in need of restoration due to soot damage (the furnace "puff backed" and blew soot throughout the house - the furnace will need replaced and the house will need a thorough cleaning), the location offers a peaceful neighborhood with a gorgeous view of the scenic landscape of Southern Iowa and an unlimited potential for those seeking a rural retreat or an investment opportunity. With approximately 11.2 acres of row crop, this property provides a return on your investment!! Though the 4-bedroom, 1-bathroom house currently requ ires significant restoration, it presents an opportunity for a dedicated buyer with an appreciation for preservation. The restoration process would encompass extensive efforts to address the soot damage, including cleaning surfaces, replacing damaged materials and improving air quality throughout the house, but with creativity, dedication and skilled craftsmanship, you have the opportunity to transform this house into a splendid home, preserving its unique heritage for generations to come! HOWEVER - this property is now priced at bare land value!! So if a restoration project is not what you're looking for, this location offers a prime opportunity to build your dream home with a charming view in a peaceful, tranquil neighborhood! With the benefits of city water/Sewer, electricity and internet on site, you are on your way to your new home! Als included on the parcel where the house is located are 2 small utility sheds measuring 8x12 and 12x14.
The property also includes 3 lots/parcels located across the street in the city of Benton of which 1 lot has a 20' x 30' garage and a 24' x 24' utility shed. If desired, the opportunity to sell off lots to build exist as well! So much potential and options with this property to handle as you desire!! Don't wait - Contact us today to schedule your showing and work toward making this your future endeavor!! Seller prefers CASH buyers with a quick close!! Boundary lines are approximate.
Presented by Rhonda Triggs at
United Country Southern Iowa Real Estate.
Property MLS #11245269 from MyStateMLS
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.