1000 3rd St NW, Independence, IA 50644

Great opportunity to add a solid income-producing property to your portfolio! This 2-story duplex offers two spacious apartments, each with comfortable layouts and desirable amenities for tenants. The recently updated upper-level apartment features a welcoming entryway that leads into a roomy eat-in kitchen with pantry. A large living room provides plenty of space, while two bedrooms and a nicely updated bathroom with a large tiled shower and laundry area complete the living area. The main-level apartment offers an eat-in kitchen, comfortable living room, two bedrooms, and a bathroom featuring a tiled shower and laundry area. Both units provide practical, easy-to-maintain living spaces that appeal to long-term renters. Situated on a nice corner lot, the property includes an off-street parking area and a concrete patio, offering outdoor space for tenants to enjoy. Each apartment is currently leased for $850/month, creating immediate rental income. Tenants pay electric, water, sewer, and garbage, while the landlord covers gas, lawn care, and snow removal. Most appliances are included with the sale, making this a convenient turnkey investment. (Upstairs microwave and downstairs washer/dryer belong to tenants and are excluded.) With both units occupied and generating steady rental income, this duplex presents an excellent opportunity for investors seeking reliable cash flow.