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307 & 309 N Elm St, Marcus, IA 51035

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For Sale

$132,700

2 beds • 1 baths

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • 1895
    Year built

  • Over 50 Years Old
    Age

Explore this Property

Great investment opportunity to own a dual key rental property! Here's your chance to generate 2 rental incomes with one property to manage or live in one unit and rent the other. Current owner has applied for a 10 year tax abatement, when approved, this would go into effect in 2025 revealing a future tax savings for the next owner. This property features a main floor unit with 2 beds, 1 bath, living room, dining space, full kitchen, laundry, plus access to unfinished basement. Upstairs unit features living room, full kitchen, 2 bedrooms, full bath, and laundry in unit as well. Porch and backyard are shared with 2 shared parking spaces as well giving each tenant 1 space to park off the alley. The current owner does not allow access to the garage but there is an oversized detached garage with a 1 car overhead door. All appliances in both units are owned by landlord and will stay with the house, new furnace in unit 309, newer flooring in both units, updated bathrooms in both units, entire property has been refreshed just after the current owners purchased, new siding on the house and garage as well. Come check out this desirable and unique opportunity.
MLS# 824421

Listed By CENTURY 21 ProLink

Property Features

  • Age
    Over 50 Years Old
  • Lot Size
    Under 1/2 Acre, 0.24 Acres
  • Sewer
    City
  • Style
    2 Story
  • Water
    City Water

Map and Directions

Directions to 307 & 309 N Elm St, Marcus, IA 51035

Home seller Meet the Agent,
Tiffany Pech-Williams

Get to know the neighborhood. A local affiliated CENTURY 21 agent will help you set up tours, give advice, and negotiate with sellers.

Tiffany Pech-Williams

of CENTURY 21 ProLink

License: S6041800
(712) 898-3638
Learn More About Me

Mortgage Calculator

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Monthly Payment Breakdown

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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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