2001/2003 Melrose Avenue, Ames, IA 50010

$315,000.00

estimated mortgage

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Prime Investment Opportunity - Updated Side-by-Side Duplex!Attention investors, parent investors, and house hackers! This rare, well-maintained side-by-side duplex is perfectly situated in a predominantly residential neighborhood and is move-in ready. A fantastic opportunity, this property offers a 3-bed, 2-bath unit on one side and a 2-bed, 1-bath unit on the other--both extensively updated to maximize appeal and rental potential.Recent upgrades include remodeled bathrooms, luxury vinyl plank (LVP) flooring, new carpet, refinished hardwood floors, fresh interior paint, stainless steel appliances, and more! Key system updates include a new roof (2018) and AC units (2017 & 2020). A full list of renovations is available upon request.This clean, turn-key duplex is ready for tenants of your choosing, with all necessary updates for a Letter of Compliance (LOC) to be completed before closing. Conveniently located just blocks from Fellows Elementary and Ames High School, with a CyRide stop right outside the front door, this property offers both accessibility and desirability.Don't miss out--schedule your showing today!

Listing courtesy of

RE/MAX REAL ESTATE CENTER

MLS #:

66762

Year Built:

1958

Total Living Space:

1584 SqFeet

Lot Size:

0.21 Acres

Total Living Space:

1584 SqFeet

Interior Features:

Bus, School, Shopping

Exterior:

Aluminum,Steel

Foundation:

Concrete Block

Heat Type:

Forced Air, Natural Gas

Cool Type:

Central Air

Monthly payments are estimates based on current market rates for a 30-year fixed mortgage with 20% down and 5.0% interest. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.