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Description
Great income-producing duplex ready for its next investor! This property is fully occupied with tenants. The main level features a 1-bedroom, 1-bath unit, while the upper level includes a 2-bedroom, 1-bath unit, providing flexible rental options. Tenants enjoy parking in the back and a convenient location. This is an investment opportunity you don't want to miss!
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Sqft: 2,220
County: Des Moines
Subdivision: SMITHS ADD
Listed By:
Midwest Realty
319-237-1139
No Coast MLS
MLS ID: 6332152
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218 S Gunnison Street, Burlington, IA 52601.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $85,000 | $85,000 | $85,000 |
| Down Payment | $17,000 | $2,975 | $21,250 |
| Monthly Mortgage Amount | $402 | $480 | $517 |
| Taxes | $118 | $118 | $118 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $37 | $0 |
| Monthly Estimated Total | $620 | $735 | $735 |
About this area
About Burlington
Burlington, IA is situated near the Mississippi River in Des Moines County and is home to one of the world’s most crooked alleys—Snake Alley. The city is surrounded by a myriad of outdoor recreation, family activities, and dining experiences. It sits in the middle of a metropolitan region with the surrounding areas being West Burlington, Middle Town, and Gulf Port.
Burlington is a rapidly growing city in many different areas. The downtown area is full of shops and places to eat as well as historical homes lining the downtown streets. The city is also home to the famous NFL quarterback Kurt Warner who won two NFL MVP awards. On summer nights you will hear your city’s pride for their semi-pro baseball team—the Burlington Bees—straight from your home’s backyard. Burlington is also home to Iowa’s oldest newspaper, The Hawk Eye. Lastly, the first backhoes rolled off the assembly line at the Burlington Backhoe plant in 1967, which is now the only plant in the United States that produces the Case Loader/Backhoe, giving Burlington the nickname Backhoe Capital of the World.
Homes for sale in Burlington range from riverfront views to new construction neighborhoods. The community is served by the Burlington Community School District, which features many K-12 schools.
If you are ready to start your real estate buying or selling journey, browse the newest homes for sale in Burlington, IA. You can also contact us—we are here to help!
Nearest Ruhl & Ruhl Office: Burlington
403 South Gear Avenue
Suite 105
West Burlington, IA 52655
(563) 441-1776