$350,000 Price Analysis 701 1st StLynnville, IA 50153 4 bed 2 bath 2,664 SqFt ($131/SqFt) 1.48 acre lot. Built 2001 Listed 2023-11-07, Taxes $2,302 | ✓ USDA Eligible near Lynnville, IA Restrictions may apply due to home size |
This remarkable property features two duplex units, each approximately 1, 332 square feet of living space. 2 bedrooms and 1 bathroom per unit, kitchen in each unit with appliances that stay and in-floor heating throughout. Enjoy the comfort of single-level living, providing convenience and accessibility for all residents, making this prperty ideal for a diverse range of renters. Each unit comes with an attached 2-car garage providing ample storag e space. Take in the picturesque surroundings and peaceful vibes as you step onto your own private deck.
The property sits on an expansive 1.48-acre lot, providing plenty of room for outdoor activities, gardening or even future expansion. The property has been thoughtfully updated with a new roof in 2023, ensuring a solid and worry-free investment for years to come. Conveniently located, this property offers a perfect balance of tranquility and accessibility. With pretty views of the surroundings, residents can relish the serenity while being within easy reach of amenities. Both units have a waiting list of potential renters, underscoring the demand for housing in this coveted location. With steady income streams, you can start reaping the benefits from day one. This property has tremendous income opportunity, with potential to expand and build additional units on the sizeable lot, multiplying your investment.
Presented by Heather Engbers at
Iowa Realty Newton.
Property MLS #685018 from DesMoines
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $140,510 + $15,700 $156,210 | $2,302 |
2021 | $126,390 + $15,700 $142,090 | $2,358 |
2020 | $122,080 + $15,700 $137,780 | $2,322 |
2019 | $122,080 + $15,700 $137,780 | $2,186 |
2018 | $106,690 + $14,270 $120,960 | $2,108 |
2017 | $106,690 + $14,270 $120,960 | $2,172 |
2015 | $106,690 + $14,270 $120,960 | $2,078 |
2015 | $106,690 + $14,270 $120,960 | $2,078 |
2014 | $106,690 + $14,270 $120,960 | $1,914 |
2013 | $106,690 + $14,270 $120,960 | $1,962 |
2012 | $113,420 + $14,270 $127,690 | $1,970 |
2011 | $113,420 + $14,270 $127,690 | $1,976 |
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.