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316 S 16th Street Fort Dodge, IA 50501 • Multi Unit - Multiple

New - 32 Hours Ago
  • 316 S 16th Street, Fort Dodge, IA 50501 Main Photo

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Description

**Great Investment Opportunity ? Income-Producing Duplex!** Looking to expand your investment portfolio? Check out this duplex located at **316 S 16th St in Fort Dodge!** This property features two separate rental units, including a spacious **2-bedroom, 1-bathroom unit** and a **1-bedroom, 1-bathroom unit**. The upstairs unit has received recent updates, including new flooring, offering an attractive living space for tenants. With current annualized rental income potential of **$16,200** and relatively low operating expenses, this property presents an excellent opportunity for investors looking to generate rental income. Annual expenses include approximately $630 in property taxes, $434 in insurance, and $3,000 in utilities. Whether you're an experienced investor or looking to purchase your first rental property, this duplex offers income potential and an opportunity to build long-term equity. **Schedule your showing today!**

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Sqft: 1,824
County: Webster
Subdivision: FTD CARPENTER MORRISON VINCE
Listed By:
One Stop Realty 515-689-8987
No Coast MLS
$75,000
Est. $598/mo
1,824sqft
New to the Market Active
BEDS0 BATHS0 SQUARE FEET1,824 MLS#6343994
STATUS PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONFTD CARPENTER MORRISON VINCE

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For Details, Contact

Ruhl&Ruhl Realtors
563.441.1776

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316 S 16th Street, Fort Dodge, IA 50501.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $75,000$75,000$75,000
Down Payment $15,000$2,625$18,750
Monthly Mortgage Amount $394$484$486
Taxes $104$104$104
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$33$0
Monthly Estimated Total $598$721$690

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