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22 1st Avenue Melbourne, IA 50162 Residential - Single Family

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Description

Hard-to-find in-town acreage in Melbourne built for contractors, small business owners, or anyone needing serious space for vehicles and equipment. Situated on approximately 2.75 acres (to be surveyed upon accepted offer), this property offers the rare combination of room to operate with the convenience of city water, sewer, and low taxes. The 4-bedroom home provides comfortable living on-site, including a main-floor bedroom with attached bath?ideal for flexibility or office use. The upper level has been completely rebuilt from the studs, featuring 3 bedrooms, a ¾ bath, new drywall, updated electrical, and modern flooring. The remodeled main-floor family room adds updated wiring and fresh finishes. The standout feature is the impressive Morton building?perfect for contractors needing space for trucks, trailers, tools, or a shop setup. With a built-in bar area and large open layout, it's equally suited for meetings, downtime, or entertaining clients and crew. Additional improvements include a heated garage/workshop for year-round projects, a separate heated craft or hobby building that can function as an office or specialty workspace, and multiple outbuildings for organized storage of materials and equipment. With ample outdoor space for parking, maneuvering, and expansion, this property is designed to support your business while offering the comfort of home in one location. Schedule your showing today and bring your business home! (Farm animals are not allowed)

Property Highlights

Property Type: Residential - Single Family
Total Living Area SF: 1,731
Lot Size: 2.75 acres
Main Floor Master Bedroom
Garage Size: 2
Heated Garage
Built in 1900

General Information

Bedrooms: 4
Bathrooms: 2
Sqft: 1,731
County: Marshall
Listed By:
Premier Real Estate 641-754-5678
No Coast MLS
$419,900
Est. $2,747/mo
4beds
2baths
1,731sqft
2cars
Active
BEDS4 BATHS2 full SQUARE FEET1,731 MLS#6337868
STATUS PROPERTY TYPEResidential - Single Family

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Ruhl&Ruhl Realtors
563.441.1776

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22 1st Avenue, Melbourne, IA 50162.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $419,900$419,900$419,900
Down Payment $83,980$14,697$104,975
Monthly Mortgage Amount $2,041$2,539$2,594
Taxes $584$584$584
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$185$0
Monthly Estimated Total $2,747$3,430$3,300

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