Lynnville, IA 50153,701 1st Street
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Lynnville, IA 50153,701 1st Street
Lynnville, IA 50153,701 1st Street
Lynnville, IA 50153,701 1st Street
Lynnville, IA 50153,701 1st Street

$350,000

Est. payment /mo

$395,000

11.4%
Est.Price: ?

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701 1st Street Lynnville, IA 50153

4 Beds

2 Baths

2,664 SqFt

SOLD DATE : 05/10/2024

Key Details

Sold Price $350,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,664 sqft

Price per Sqft $131

MLS Listing ID 685018

Sold Date 05/10/24

Style Duplex

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 2001

Annual Tax Amount $2,521

Lot Size 1.480 Acres

Acres 1.48

Property Sub-Type Duplex

Property Description

Welcome to an exceptional investment prospect that promises immediate returns but also boundless potential for the future. 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 property ideal for a diverse range of renters. Each unit comes with an attached 2-car garage providing ample storage 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 beautiful 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 great income opportunity, with potential to expand and build additional units on the spacious lot, multiplying your investment.

Location

State IA

County Jasper

Area Lynnville

Zoning R

Rooms

Main Level Bedrooms 4

Interior

Heating Electric, Radiant

Cooling Central Air

Fireplace No

Appliance Dryer, Dishwasher, Microwave, Refrigerator, Stove, Washer

Laundry Main Level

Exterior

Exterior Feature Deck

Parking Features Attached, Garage

Garage Spaces 4.0

Garage Description 4.0

Roof Type Asphalt,Shingle

Porch Deck

Private Pool No

Building

Foundation Slab

Sewer Public Sewer

Water Public

Schools

School District Lynnville-Sully

Others

Senior Community No

Tax ID 2011126006

Monthly Total Fees $210

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Financing Conventional

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Listed by Iowa Realty Newton
Bought with Iowa Realty Newton
agent
Stacie Holst

REALTOR | License ID: S66151000

+1(515) 720-0825 | stacieholst@gmail.com

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