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$299,000
Est. payment /mo
1,728 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,728 sqft
Price per Sqft $173
MLS Listing ID 67296
Style 1 Story
Originating Board Central Iowa Board of REALTORS®
Year Built 1977
Annual Tax Amount $3,739
Lot Size 10,454 Sqft
Acres 0.24
Property Sub-Type Duplex
Property Description
This well-maintained duplex is located just minutes from the Iowa State University campus, making it an ideal choice for both investors and student renters. Each unit offers 3 spacious bedrooms and 1 full bathroom, with a functional layout and comfortable living space that consistently attracts reliable tenants.
The property is fully leased through 2026, providing immediate and stable rental income. Situated in a high-demand area with easy access to campus, CyRide bus stops, shopping, and dining, this duplex boasts an excellent rental history. The only landlord responsibilities are snow removal and lawn care, making it a low-maintenance investment.
With strong cash flow potential and a location that's always in demand, this is a rare opportunity to own a turn-key property in the heart of Ames.
The property is fully leased through 2026, providing immediate and stable rental income. Situated in a high-demand area with easy access to campus, CyRide bus stops, shopping, and dining, this duplex boasts an excellent rental history. The only landlord responsibilities are snow removal and lawn care, making it a low-maintenance investment.
With strong cash flow potential and a location that's always in demand, this is a rare opportunity to own a turn-key property in the heart of Ames.
Location
State IA
County Story
Zoning UCRM
Body of Water Public
Interior
Heating Forced Air
Cooling Central Air
Exterior
Garage Yes
Building
Foundation Block
Sewer Public Sewer
Water Public
Structure Type Wood
Schools
School District Ames
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Listed by RE/MAX REAL ESTATE CENTER
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