Sold for $200,000

$200,000

914 & 916 Mechanic St, Osage, IA 50461

4beds

2baths

2,184sqft

Duplex

Built in 2018

-- sqft lot

$210,700 Zestimate^®

$92/sqft

$1,227 Estimated rent

Home value

$210,700

$198,000 - $225,000

$1,227/mo

Zestimate^® history

Owner options

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$1,227/mo

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$1,227/mo

Rent Zestimate^®

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$1,334/mo

Est. payment

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$1,334/mo

Est. payment

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What's special

Here is a wonderful opportunity to own a NEW duplex investment property. The exterior has vinyl siding, modern windows, front and rear patios, and a double garage. Both units are completely separated from the other. Each side is two bedrooms, 1.5 baths, second floor laundries, and have 1092 square feet. On the main floor is a large living room/dining area, a modern kitchen with sit-up bar, and a 1/2 bath. The kitchen has a complete set of appliances including a built-in dishwasher and microwave. Upstairs are two bedrooms, a full bath with tub/shower, and a laundry closet with a stack washer/dryer. Mechanicals are easily accessible on the main floor and include forced air heating with central air and water softeners. Both units are currently occupied so you will have immediate rental income. At some point, you could consider living in half while renting the other half out. Closing can be quick. This would also work well in filling an exchange package.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2

Heating

Forced Air, Natural Gas

Cooling

Central Air

Appliances

Laundry: 2nd Floor, In Hall, Laundry Closet

Features

Basement: Floor Drain,Slab,None

Interior area

Total structure area: 2,184
Total interior livable area: 2,184 sqft
Finished area above ground: 1,160
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Garage, On Street, Detached
Uncovered spaces: 2

Features

Levels: Two
Patio & porch: Patio

Lot

Size: 8,712 Square Feet
Dimensions: 66x132
Features: Landscaped, Level

Details

Parcel number: 1024361003
Zoning: R-2
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex

Materials

Vinyl Siding
Roof: Asphalt

Condition

Year built: 2018

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Elec Individual Meters, Garbage Pd by Individual, Gas Individual Meters, Separate Meters, Water - Multiple Meters

Community & HOA

Community

Features: Sidewalks

Location

Region: Osage

Financial & listing details

Price per square foot: $92/sqft
Tax assessed value: $226,720
Annual tax amount: $2,512
Date on market: 4/12/2024
Cumulative days on market: 67 days
Lease term: Over 9 Months
Tenant pays: Electricity, Trash Collection, Gas, Heat, Water
Road surface type: Hard Surface Road

Price history

Date	Event	Price
7/31/2024	Sold	$200,000-14.9%$92/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20241432 Report a problem
6/19/2024	Pending sale	$235,000$108/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20241432 Report a problem
5/21/2024	Price change	$235,000-6%$108/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20241432 Report a problem
4/12/2024	Listed for sale	$250,000$114/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20241432 Report a problem

Public tax history

Tax history is unavailable.

Neighborhood: 50461

Nearby homes

Nearby schools

GreatSchools rating

6/10
Lincoln Elementary School
Grades: PK-4Distance: 0.4 mi
6/10
Osage Middle School
Grades: 5-8Distance: 0.6 mi
8/10
Osage High School
Grades: 9-12Distance: 0.6 mi

Schools provided by the listing agent

Elementary: Osage
Middle: Osage
High: Osage

Source: Northeast Iowa Regional BOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.