Investor opportunity within walking distance of Drake University. This turn-key duplex features two occupied units on month-to-month leases, offering immediate cash flow with room for growth.
Both the upper and lower units include 2 bedrooms, 1 bathroom, and independent layouts. All appliances stay with the property, including a dedicated washer and dryer setup for each unit. The lower unit features a newer refrigerator, while the upper unit has been updated within the last two years with newer appliances and durable LVP flooring. Each tenant responsible for their own electric. The detached garage electricity is tied to the upper unit meter. Gas and water are landlord expenses.
A great addition to a portfolio or a perfect house-hack opportunity close to campus. This property also features a possible assumable VA loan for qualified buyers. Call your agent to schedule a tour.