307 & 309 N Elm St, Marcus, IA 51035

Great investment opportunity to own a dual key rental property! Here's your chance to generate 2 rental incomes with one property to manage or live in one unit and rent the other. Current owner has applied for a 10 year tax abatement, when approved, this would go into effect in 2025 revealing a future tax savings for the next owner. This property features a main floor unit with 2 beds, 1 bath, living room, dining space, full kitchen, laundry, plus access to unfinished basement. Upstairs unit features living room, full kitchen, 2 bedrooms, full bath, and laundry in unit as well. Porch and backyard are shared with 2 shared parking spaces as well giving each tenant 1 space to park off the alley. The current owner does not allow access to the garage but there is an oversized detached garage with a 1 car overhead door. All appliances in both units are owned by landlord and will stay with the house, new furnace in unit 309, newer flooring in both units, updated bathrooms in both units, entire property has been refreshed just after the current owners purchased, new siding on the house and garage as well. Come check out this desirable and unique opportunity.