51041, IA Orange City, 317 Central Ave NE

General Description

An investment opportunity at its finest! This property is located just steps from thriving downtown Orange City. With access to all the shops and parks, the location of this investment property is no better. In 2023, this property was given a full overhaul: siding, windows, door, insulation, drywall, appliances, flooring, new electrical, plumbing, sewer (including new sewer line to the street), water heater, furnace, and water softener. It boasts two income-generating apartments with separate entrances as well as a third entrance to the shared laundry space. Unit One is located on the upper level and currently leases at $1100/mo. It features as studio-style living situation with the living, kitchen, and dining all one open space. There is one bedroom and a 3/4 bathroom. Unit 2 is on the main floor, with its entrance at the back of the property. It currently leases for $1400/mo. It houses two bedrooms, a kitchen/living space all open to each other, and a 3/4 bath. Don't miss out on this incredible investment opportunity! Seller is a licensed real estate agent in the state of Iowa.

Legal: L3 S45' OF W15' & L4 S45' BLK 16 ORIGINAL