316 S 16th StFort Dodge, IA 50501

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.

Property Information

Property type

Residential Income

Sub-type

Duplex

Structure type

Duplex

Year built

1911

Living area

1,824 Sq Ft

Lot size

0.06 acres

Lot dimensions

55 x 50

Garage spaces

2

Parking spaces

2

Days on market

3

MLS^® Listing#

30339

Property Features

Interior

Other

Appliances

Refrigerator · Other · Water Heater

Cooling

Window Unit(s)

Heating

Forced Air · Natural Gas

Basement

Full

Parking

Off Street

Patio

Other

Fencing

Fenced

Construction

Vinyl Siding

Foundation

Other

Roof

Asphalt

Sewer

Public Sewer

Water source

Public

Financial Details

Annual taxes

$631

Assessed value

$31,600