Know someone buying a home?
Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
22
Photos
5
beds
2
baths
1,240
sqft
Built in
1960
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!
Features & Amenities
Interior
- Appliances:
- Appliances Negotiable
- Laundry:
- Dryer Hookup-Ele, Washer Hookup
- Basement:
- Block, Concrete
- A/C:
- Central Air
- Heating:
- Forced Air, Propane Rented
- Fireplace:
- None
Exterior
- General:
- Deck
- Parking:
- 2 Stall, Tuckunder Garage
Construction
- Roofing:
- Shingle, Asphalt
- General:
- 2 Story
Location
- Road/Access:
- Paved Road
- HOA Amenities:
- 0.0, N/A
- Originating MLS:
- neirbr
- County:
- Allamakee
Lot
- Zoning:
- R-1, LOT 28 EX S PT NE SW & EX LOT 1 OF 28, 0829301009
Utilities
- Water:
- Private Well
- Sewer:
- City Sewer
Financial
- Source:
- neirbr
- NA Compensation:
- 0
This listing courtesy of:
Sweeney Real Estate, John Sweeney
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Lansing, IA
Housing
- Number of Units
- 1,377
- Median Home Value
- $147,063
- Median Rent
- $479
20.47% of housing units are renter occupied.
32.27% are vacant.
Commute
- Car
-
87.30%
- Public Transportation
-
0.00%
- Walk to Work
-
2.12%
- Work from Home
-
9.89%
- Other
-
0.70%
The median travel time to work is 28 minutes.
People
- Population
- 2,003
- Median Age
- 51.10
- Median Household Size
- 2.37
Education
- High School
-
38.97%
- Associate’s Degree
-
12.88%
- Bachelor’s Degree
-
15.14%
- Graduate Degree
-
5.91%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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