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104 E Main Street Rathbun, IA 52544 Multi Unit - Multiple

  • 104 E Main Street, Rathbun, IA 52544 Main Photo

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Description

Don't miss this opportunity to own a versatile duplex located in the small town of Rathbun, just 3 minutes from the scenic shores of beautiful Lake Rathbun. Whether you're looking for a smart investment or a place to call home, this property offers the best of both worlds. Live in one unit and rent out the other to offset your mortgage or generate steady income! Each side of this duplex sleeps 7 people comfortably with 2 bedrooms and 2 bathrooms, a full kitchen with an open concept living area. The tenants share a very large covered front porch and a smaller back deck to enjoy your morning coffee. With over 2,400 sq ft of finished living space and an additional 2,400 sq ft of dry, unfinished basement, there's room to grow, customize, and maximize potential. This dry basement features a shared laundry area, an additional 3/4 bathroom, newer- separate HVAC systems for each unit, and the potential for an entertainment area. The property sits on a total of 1.742 acres, backing up to partially wooded parcels. Next to the duplex is a large 1,620 SF shed built in 2017 with concrete floor, perfect for your boat storage and more! Contact your favorite agent a private tour! Agent is a relative of the owners.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Sqft: 4,800
County: Appanoose
Listed By:
Bogle Realty LLC 641-437-4663
No Coast MLS
$359,000
Est. $2,281/mo
4,800sqft
3cars
Active
BEDS0 BATHS0 SQUARE FEET4,800 MLS#6328155
STATUS PROPERTY TYPEMulti Unit - Multiple

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Ruhl&Ruhl Realtors
563.441.1776

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104 E Main Street, Rathbun, IA 52544.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $359,000$359,000$359,000
Down Payment $71,800$12,565$89,750
Monthly Mortgage Amount $1,676$2,057$2,147
Taxes $500$500$500
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$158$0
Monthly Estimated Total $2,281$2,820$2,752

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