806 Park Ave, Manning, IA 51455

Investment Opportunity in this beautiful family friendly town. This property is the former American Legion building built in 1936 in Manning, Iowa. The property was converted in 2019 into three separate living spaces located one block south of Hwy 141, across from the street to the south from the city park, and east of the Recreation Center and swimming pool. Unit 1- 2 bedroom (one is an upstairs loft), 1.5 bath, private deck off second exit on west side of building. Unit 2- 2 bedroom, 1 bath, private deck off second exit on east side of building. Unit 3- 2 bedroom, 1.5 bath with large open concept dinning and living area. Each unit is provided with their own laundry machines. Bedrooms are carpeted, other floors include orginal hardwood, tile and linoleum. Decks sealed in 2023. Landscaping completed summer of 2024. Rear parking area is City property who maintains and provides snow removal for the parking lot and East sidewalk. North sidewalk and steps are owners responsibility. Basement apartment has 1 year old furnace and air conditioning unit, 2 vents/returns are connected to the upstairs. Currently utilities are included in rent, each main floor unit is $700 and $800 for basement unit monthly.