Sara Carlson
- Buy
- Sell
https://www.ruhlmortgage.com/BlakeEller.html
Description
**Great Investment Opportunity ? Income-Producing Duplex!** Looking to expand your investment portfolio? Check out this duplex located at **316 S 16th St in Fort Dodge!** This property features two separate rental units, including a spacious **2-bedroom, 1-bathroom unit** and a **1-bedroom, 1-bathroom unit**. The upstairs unit has received recent updates, including new flooring, offering an attractive living space for tenants. With current annualized rental income potential of **$16,200** and relatively low operating expenses, this property presents an excellent opportunity for investors looking to generate rental income. Annual expenses include approximately $630 in property taxes, $434 in insurance, and $3,000 in utilities. Whether you're an experienced investor or looking to purchase your first rental property, this duplex offers income potential and an opportunity to build long-term equity. **Schedule your showing today!**
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Sqft: 1,824
County: Webster
Subdivision: FTD CARPENTER MORRISON VINCE
Listed By:
One Stop Realty
515-689-8987
No Coast MLS
MLS ID: 6343994
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316 S 16th Street, Fort Dodge, IA 50501.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $75,000 | $75,000 | $75,000 |
| Down Payment | $15,000 | $2,625 | $18,750 |
| Monthly Mortgage Amount | $394 | $484 | $486 |
| Taxes | $104 | $104 | $104 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $33 | $0 |
| Monthly Estimated Total | $598 | $721 | $690 |
Sara Carlson
REALTOR®
REALTOR®, ASP, CRS, E-PRO, HMS
Office: (563) 264-0240
Cell: (563) 506-0241
Licensed in IA
Muscatine Office
226 East 2nd Street
Muscatine, IA 52761
(563) 264-0240
Muscatine, IA 52761
(563) 264-0240
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Listings courtesy of No Coast MLS as distributed by MLS GRID.
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