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105 Ludland Drive Manchester, IA 52057 Multi Unit - Multiple Active

New - 21 Hours Ago
  • 105 Ludland Drive, Manchester, IA 52057 Main Photo

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Description

Add a proven, low-maintenance multifamily asset to your portfolio with these two well-maintained four-unit apartment buildings in Manchester. The eight-unit property was completely renovated in 2021 and has maintained full occupancy throughout the current

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Sqft: 1,528
County: Delaware
High School: Maquoketa Valley
Listed By:
EPM, Iowa Tyler Rasmussen 319-560-3543
NEIRBR MLS
$560,000
Est. $3,774/mo
1,528sqft
New to the Market Active
BEDS0 BATHS0 SQUARE FEET1,528 MLS#20264271
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLMaquoketa Valley

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Ruhl&Ruhl Realtors

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105 Ludland Drive, Manchester, IA 52057.

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Call or Click to get Pre-Approved! 563-441-1862 toll free 866-441-1862

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $560,000$560,000$560,000
Down Payment $112,000$19,600$140,000
Monthly Mortgage Amount $2,832$3,475$3,516
Taxes $779$779$779
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$246$0
Monthly Estimated Total $3,774$4,663$4,458

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About this area

Iowa/Manchester
Manchester

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Find homes for sale in Manchester, IA, and learn about the local community and real estate market.

Founded in the 1850s, Manchester is a mid-size city situated in the “triangle” of Delaware County and less than an hour from Cedar Rapids, Dubuque, and Waterloo. This historic yet modern city allows residents to live a well-balanced lifestyle, including work and play. You can enjoy a suburban, farm life, or nature enthusiast lifestyle; all three are easily within the city’s boundaries! Experiencing growth in population and economic opportunity; newcomers are delighted to find a vibrant and thriving city offering employment, entertainment, and recreational activities.

Parks, rivers, and nearby lakes offer abundant outdoor fun possibilities. Embark on an adventure on your paddle board, tube, or kayak at the White Water Park for free if you bring your equipment. Take a refreshing swim at the Kramer Aquatic Center during those hot summer months or catch a flick at the local movie theater. There is plenty of unique and locally owned boutiques, antique stores, and art galleries to keep you busy with shopping. Centrally located to all its residents, Manchester offers delicious food at quaint local restaurants, including the Riverbend Pub & Grill, Sunset Family Restaurant, and April’s Downtown Diner.

Manchester’s Urban Revitalization Program is helping this community grow, creating a healthy and stable housing market. From gorgeous lake homes to historic farmhouses on the outskirts, this close-knit city is also establishing neighborhoods with newly constructed homes.

Get connected with a local real estate expert for up-to-date real estate market trends, nearby school profiles, community demographic information, and more.

Nearest Ruhl&Ruhl Office
5805 Council St. NE, Suite A
Cedar Rapids, IA 52402
Phone Number: (563) 441-1776

About this community

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