Residential For Sale

701 1st Street, Lynnville, Iowa 50153

QR Code
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.

Basic Details
Property Type : Residential
Listing Type : For Sale
Price : $395,000
Property Sub Type : Duplex
Status : Pending
Days On Market : 133
Year Built : 2001
Square Footage : 2,664 Sqft
Lot Area : 1.48 Acre
Bedrooms : 4
Bathrooms : 2
Baths Total : 2
Features
Heating System : Electric, Radiant
Cooling System : Central Air
Patio : Deck
Parking : 4
Laundry YN : Main Level
Exterior Features : Deck
Water/Sewer : Public Sewer
Construction
Roof Deck : Asphalt, Shingle
Foundation : Slab
Style : Duplex
Zoning : R
Other
Appliances : Range,microwave,dishwasher,refrigerator,washer,dryer
ParkingFeatures : Attached,garage
LotSizeArea : 1.48 Sqft
MLSAreaMajor : Lynnville
LotSizeSquareFeet : 64,468 Sqft
TaxAnnualAmount : $2,521
BuildingAreaTotal : 2,664 Sqft
Insurance Fee : $0
Taxes : $0
Listing Office Info
Listing ID : 685018
List Office MLSID : NWT
List Office Name : Iowa Realty Newton
List Agent Email : heather.engbers@iowarealty.com
List Agent Full Name : Heather Engbers
List Agent MLSID : 6898
Location
Street Number : 701
Street Suffix : Street
Street : 1st
Country : US
State : IA
County : Jasper
City : Lynnville
Zipcode : 50153
Longitude : W93° 12' 32.7''
Latitude : N41° 34' 45.7''
Parcel Number : 2011126006
Directions : From 1st St in Lynnville, turn north into property.
Residential For Sale
  • Listing ID : 685018
  • Bedrooms : 4
  • Bathrooms : 2
  • Square Footage : 2,664 Sqft
  • Visits : 14 in 95 days
$395,000
Agent info
Matt Karjalahti
RE/MAX Partners Realty
932 Main St., Grinnell, IA 50012
Contact Agent

Favorites

Use the form below to compare favorites.

There is no favorite listings!
Español »