Listing Courtesy of: John Sweeney - Sweeney Real Estate 563-568-4170

73 Shaw Street Lansing, IA 52151

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Single Family Residence
5 Beds
2 Baths
Sq. Ft.
0.35 Acre Lot

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Last updated on 11/5/2024 11:40 AM
This excellent income producing duplex currently rented! This is a great opportunity if you are an investor looking for a turn key transaction, a full time residence, or weekend getaway with the other unit making the payment for you. The entire property features 2 large recently renovated units, 5 b...edrooms,2.5 baths, a large open-concept kitchen, dining, and living room. An artesian water system (not city water) and plenty of space for parking boats or extra vehicles on this large lot. This is within walking distance to dining and only minutes to the boat landings. The recent influx of rental demand in the area, this would be a very wise addition to any portfolio. Both units occupied with a current GRI $32,400 annual, showing an estimated 8% cap rate and a potential 9.31% IRR! Call today to receive more details on how to build your wealth with this investment! Financial commitment letters and 48 hour notice required prior to arranging showings. Continue reading
MLS#
20242010
Property Type
Single Family
Bedrooms
5
Bathrooms
2 Full
Year Built
1960
Lot Size
0.35
Sewer
City Sewer

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Listing Courtesy of: John Sweeney - Sweeney Real Estate 563-568-4170
Albert Wright Page, License B62241000, Xome Inc., License FO5635000, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176

Information is provided exclusively for consumers personal, non - commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024 Northeast Iowa Regional Board of Realtors. All rights reserved. Information is deemed reliable but is not guaranteed.
This content last refreshed on 11/5/2024 11:40 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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