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73 Shaw Street

Lansing, IA 52151
  • $265,000
  • STATUS: Active
  • ON SITE: 178 Days
  • MLS #: 20242010
$265,000
  • 5
    BEDS
  • 0.35
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Single-Family Home
Built:
1960
County:

School Information

Elementary School:
Middle School:
High School:

Description

This excellent income producing duplex currently rented! This is a great opportunity if you are an investor looking for a turn key transaction, a full time residence, or weekend getaway with the other unit making the payment for you. The entire property features 2 large recently renovated units, 5 bedrooms,2.5 baths, a large open-concept kitchen, dining, and living room. An artesian water system (not city water) and plenty of space for parking boats or extra vehicles on this large lot. This is within walking distance to dining and only minutes to the boat landings. The recent influx of rental demand in the area, this would be a very wise addition to any portfolio. Both units occupied with a current GRI $32,400 annual, showing an estimated 8% cap rate and a potential 9.31% IRR! Call today to receive more details on how to build your wealth with this investment! Financial commitment letters and 48 hour notice required prior to arranging showings.

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Listings courtesy of Northeast Iowa Regional Board of REALTORS as distributed by MLS GRID. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MLS GRID or Vine Valley Real Estate. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by Northeast Iowa Regional Board of REALTOR and may be amended from time to time. MLS Grid  logo Based on information submitted to the MLS GRID as of 2024-11-11T23:41:44.707 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
www.movewithvvre.com/homes/150653665
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73 Shaw Street Lansing, IA 52151

  • Price: $265,000
  • Status: Active
  • On Site: 178 Days
  • MLS #: 20242010
5
Beds
2
Baths
0
½ Baths
0.35
Acres
1960
Built
Neighborhood:
Outside The Metro Area
County:
Allamakee
Area:
Outside The Metro Area
Elementary School:
Eastern Allamakee
Middle School:
Eastern Allamakee
High School:
Eastern Allamakee
Property Description
This excellent income producing duplex currently rented! This is a great opportunity if you are an investor looking for a turn key transaction, a full time residence, or weekend getaway with the other unit making the payment for you. The entire property features 2 large recently renovated units, 5 bedrooms,2.5 baths, a large open-concept kitchen, dining, and living room. An artesian water system (not city water) and plenty of space for parking boats or extra vehicles on this large lot. This is within walking distance to dining and only minutes to the boat landings. The recent influx of rental demand in the area, this would be a very wise addition to any portfolio. Both units occupied with a current GRI $32,400 annual, showing an estimated 8% cap rate and a potential 9.31% IRR! Call today to receive more details on how to build your wealth with this investment! Financial commitment letters and 48 hour notice required prior to arranging showings.
Exterior Features

Carport Spaces 2 Construction Materials Vinyl Siding Exterior Features Deck Garage Square Footage 300 Lot Features Level Lot Size Dimensions 132 x 115 Parking Features 2 StallTuckunder Garage Regular Irregular Reg Road Frontage Type Paved Road Road Surface Type Black Top Roof ShingleAsphalt

Interior Features

Appliances Appliances Negotiable Basement BlockConcrete Below Grade Finished Area 0 Cooling Central Air Fireplace Features None Heating Forced AirPropane Rented Laundry Features Dryer Hookup-EleWasher Hookup

Property Features

Additional Parcels YN No Association Fee 0 Association Fee Frequency N/A Flood Plain C/X - Not in Flood Plain For Sale Rent For Sale Fuel Type Propane House Type 2 Story Property Sub Type Single Family Residence Sewer City Sewer Special Listing Conditions Normal Sale Tax Annual Amount 4030 Total Actual Rent 32400 Water Source Private Well Zoning R-1



Listings courtesy of Northeast Iowa Regional Board of REALTORS as distributed by MLS GRID. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MLS GRID or Vine Valley Real Estate. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by Northeast Iowa Regional Board of REALTOR and may be amended from time to time. MLS Grid  logo Based on information submitted to the MLS GRID as of 2024-11-11T23:41:44.707 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
 
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Vine Valley Real Estate
808 E. 18th St.
Cedar Falls IA, 50613