Listing #: 14371
0.16 Acres M/L

Warren County, IA
402 W Ashland Ave
Indianola, IA 50125
Price: $159,000

Agents

PROPERTY INFO

Description

Offering a very nice 2 Story duplex located just south of the Simpson College campus on W Ashland Ave in Indianola, Iowa. This property has excellent rental history and is located in an area where homes are currently being restored. Windows have been replaced in the last 10 years, new roof in 2018, and new furnace in 2014. This duplex currently provides an 8.5% return on investment at asking price. Rents are currently $725 and $840 per month, providing $1,565 per month of income! Current tenant's contracts will be ready to renew in February/March of 2019. Whether you already own rentals or are just getting started, this one works!

Legal Description

25-76-24 JONES & WINDLES ADD E 5' LOT 10 & W 40' LOT 11 BLK 12

Directions

Indianola - from 65/69 - Turn West on Ashland Ave cross the square - In the 2nd block West of square on the North side of the road

Appliances

Stove

Refrigerator

Features

- New roof in 2018

- New furnace in 2014

- New windows within last 10 years

  • Style: 2 Story Frame
  • Lot Size: 6750
  • Lot Dimensions: 45.00x150.00
  • Water: City
  • Sewer: City
  • Zoning: Residential
  • Full Bathrooms: 2
  • Total Rooms: 8
  • Stories: 2
  • Year Built: 1900
  • Heating: Natural
  • Living Area Square Feet: 2112
  • Basement Square Feet: 806
  • Roof: Asphalt Shingle
  • Exterior: Wd Lap
  • Foundation: Block/Stone
  • Driveway: Gravel

Details

  • Sign On Property: Yes
  • MLS Number: 572319
  • Parcel Number: 48390120110
  • School District: Indianola
  • General Area: Indianola
  • Net Taxes: $2,766.00
  • Gross Taxes: $2,766.00
  • Terms: Cash/Conventional

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