Multi-family (2-4 Units) For Sale

1122 Valley, Burlington, Iowa 52601

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Property Description

Take a look at this terrific income producing property situated on .266 acres m/l. Conveniently located close to the bustling downtown with all of its restaurants, unique shops and businesses! Main floor 2 bedroom apartment with walk-in-closet, basement to utilize, mudroom with washer and dryer and a backyard patio. $700 monthly rent. Upper apartment has 1 bedroom with large kitchen, washer, dryer and front porch. $650 monthly rent previously. Keep your options open with this property…return the duplex back to a single family home with 3-4 bedrooms and 2 full baths; live in one of the levels and rent out the other; or the property remains as is, an income producing duplex. Either way, a win-win! Take advantage of the large lot with the possibility of adding a 2 car garage. Each unit has separate utilities, tenant pays all utilities including water/trash. Main floor apartment is currently rented on a month-to-month basis. DETAILS: Current rental permit and a new roof in fall of 2020. Each apartment includes; refrigerator, range, dishwasher, garbage disposal, washer and dryer. Don’t miss out on this one!

Basic Details
Property Type : Multi-family (2-4 Units)
Listing Type : For Sale
Price : $95,000
Status : Active
Days On Market : 16
Year Built : 1893
Square Footage : 1,919 Sqft
Lot Area : 0.27 Acre
Features
Heating System : Forced air
Basement : Partial, Stone
Water : City Water/Connected
Water/Sewer : City Sewer/connected
Construction
Exterior : Vinyl
Other
Tax Year : 05/15/2024
Fuel Type : Natural gas
Style : Duplex Up And Down
Address : 1122 Valley Street
Status : Active - Contingent
Insurance Fee : $0
Taxes : $1,187
Stories : 2 Stories
LA1Agent First Name : Denise
LA1Agent Last Name : Myers
Listing Office Info
Listing ID : 6316783
List Office MLSID : 698
List Agent MLSID : 2698
Community
School District : 882 - Burlington
Location
Street Number : 1122
Street : Valley
Country : US
State : IA
County : Des Moines
City : Burlington
Zipcode : 52601
Longitude : W92° 53' 10.7''
Latitude : N40° 48' 40''
Directions : West of Central Avenue.
Multi-family (2-4 Units) For Sale
  • Listing ID : 6316783
  • Square Footage : 1,919 Sqft
  • Visits : 8 in 19 days
$95,000
Agent info
Matt Karjalahti
RE/MAX Partners Realty
932 Main St., Grinnell, IA 50012
Contact Agent

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