407 W Salem Avenue
Indianola, IA 50125
MLS #549407

Multi-Family
  • 2units
  • 0.2583acres
Pending Sale $129,900
Est. P&I payment: $496.13/mo
407 W Salem Avenue, Indianola, IA 50125
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Description for 407 W Salem Avenue, Indianola, IA 50125
Looking for an investment property? How about living on one side and letting your tenant pay your mortgage? Take a look at this freshly painted (on inside) side by side duplex. 3BR, 1BA 1569sf 2 Story w/very large BRs. Main floor provides kitchen, laundry, Full BA and large family room area. Other side has main floor living w/a 1BR, 1BA 773 sf living space. Open kitchen and stackable washer/dryer too. First floor entry for both units. Newer Vinyl siding (2013), extra blown in insulation (2009) & new boiler (2016). 2 car det garage available for more income. Plenty of parking on site plus street parking. Near Simpson College, Downtown, Post Office, City pool & 2 elementary schools. Units are ready for your tenants to move in. Most recent rents were $1250/mo & tenant paid utilities. Don’t miss out on this income opportunity.
MLS #549407
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My Notes for MLS #549407

General Features

  • Property Type: Multi-Family
  • Style: Two Story
  • Acres: 0.2583
  • Year Built: 1900

Exterior Features

  • Exterior: Vinyl Siding
  • Acres: 0.2583
  • Lot SF: 11,250
  • Lot Size: 75X150
  • Foundation: Brick,​Stone
  • Garage: 2 Detached
  • Roof: Asphalt Shingle
  • Sidewalk: Y

Interior Features

  • Square Feet Total: 2,342
  • Living Area Sq Ft: 2,342
  • Basement Desc: Crawl Space,​Partial
  • Baths Total: 2
  • Baths Full: 1
  • Kitchens Total: 2

Utilities Features

  • Air Conditioning: Window Unit
  • Fridges Total: 2
  • Heat Source: Natural
  • Heat: Hot Water
  • Landlord Tenant Utilities: Electric Tenant,​Gas Tenant,​Insurance Landlord,​Misc Exp Landlord,​Water Tenant
  • Laundry YN: 1
  • Separate Meters: N
  • Sewer: City
  • Stoves Total: 2
  • Water: City

Financial Features

  • Gross Taxes: 2,062
  • Net Taxes: 2,062

Community Features

  • School District: Indianola

Misc Features

  • Parcel Number: 48,390,160,040
  • Total 1 Bedroom Units: 1
  • Total 3 Bedroom Units: 1
  • Total Units: 2
  • Termite: Follow Showing Instructions
  • Zoning: R3

Location

 
Street View Not Available
Directions to 407 W Salem Avenue, Indianola, IA 50125
Hwy 65/69 to Ashland. West on Ashland to North B. South to Salem. West on Salem to duplex. or Hwy 92 West to South B. North on South B to Salem. West to home.
The listing information for 407 W Salem Avenue, Indianola, IA 50125 was graciously provided by our friends at the listing brokerage, Iowa Realty Indianola

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P&I Payment $496.13
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Realty Lora & Co.'s websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Realty Lora & Co., Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 12/12/2017 at 1:21pm
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