701 1st Street Lynnville, IA $ 395,000
701 1st Street
$ 395,000
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701 1st Street

Lynnville, IA, 50153
$ 395,000
Bedrooms4 Baths2.0 Sq 2,664

Monthly Estimate*

$ 2,759

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Single Family Home for sale in Lynnville, IA

for $395,000 with 4 bedrooms and 2 full baths. This 2,664 square foot home was built in 2001 on a lot size of 1.48.

Welcome to an exceptional investment prospect that promises immediate returns but also boundless potential for the future. This remarkable property features two duplex units, each approximately 1,332 square feet of living space. 2 bedrooms and 1 bathroom per unit, kitchen in each unit with appliances that stay, and in-floor heating throughout. Enjoy the comfort of single-level living, providing convenience and accessibility for all residents, making this property ideal for a diverse range of renters. Each unit comes with an attached 2-car garage providing ample storage space. Take in the picturesque surroundings and peaceful vibes as you step onto your own private deck. The property sits on an expansive 1.48-acre lot, providing plenty of room for outdoor activities, gardening, or even future expansion. The property has been thoughtfully updated with a new roof in 2023, ensuring a solid and worry-free investment for years to come. Conveniently located, this property offers a perfect balance of tranquility and accessibility. With beautiful views of the surroundings, residents can relish the serenity while being within easy reach of amenities. Both units have a waiting list of potential renters, underscoring the demand for housing in this coveted location. With steady income streams, you can start reaping the benefits from day one. This property has great income opportunity, with potential to expand and build additional units on the spacious lot, multiplying your investment.

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Single Family Pending

Price

$ 395,000

Bedrooms

4

Full Bath

2

Property Type

Single Family

Taxes

$ 2,521

Style

Duplex

Lot Size

1.48

Year Built

2001

Town/City

Lynnville

County/Region

Jasper

MLS | Web ID

685018

Features
General
Sewer PublicSewer
Heating Electric Radiant
Cooling CentralAir
Roof Asphalt Shingle
Appliances Dryer Dishwasher Microwave Refrigerator Stove Washer
Exterior Features Deck
Zoning R
Garage Spaces 4.0
Patio/Porch Features Deck
Architectural Style Duplex
Construction Materials VinylSiding
Year Built 2001
Property SubType Duplex
County Jasper
New Construction N
Property Type Residential
HOA / Comm Assn N
Attached Garage Y
Garage Y/N Y
Status Pending
Directions From 1st St in Lynnville turn north into property.
City Lynnville
Buyer Agent Compensation 3.0000
View Y/N N
Senior Community Y/N N
High School District Lynnville-Sully
MLS Area Lynnville
Lot Size Square Feet 64468.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name 1st
Listing Terms Cash Conventional FHA
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 2521.1
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://tours.vht.com/IRIA/T434354693/nobranding
Days on Market 133
Standard Status Pending
Occupancy Description Tenant
Middle/Junior School District Lynnville-Sully
Elementary School District Lynnville-Sully
Property Sub Type Additional Duplex Residential
Legal Description GAUSE & MACY ADD LOTS 4 & 5
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Exterior
Parking Features Attached Garage
Water Source Public
Lot Size Area 1.48
Foundation Details Slab
Spa N
Building Area Total 2664.0
Lot Size Acres 1.48
Lot Size Units Acres
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Full Baths 2
Half Baths 0
3/4 Baths 0
Street Suffix Street
Laundry Features MainLevel
Total Bedrooms 4
Electric On Property Y/N N
Main Level Bedrooms 4
Total Baths 2
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Internal Only
Street Number 1 701
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* Excluded Features
List By
Heather Engbers

Listing Agent

Iowa Realty Newton

Broker

heather.engbers@iowarealty.com

Email

Affordability Calculator

$2,969
Per Month
93%
7%
0%
Monthly Principal & Interest
$2,759
Monthly Property Taxes
$210
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
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Nearby
3003254 Elementary School
3003253 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/19/2024$395,000 -7.06% Price Down
11/7/2023$425,000 Listed Price

Map


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701 1st Street, Lynnville, IA, 50153 is a Single Family Home for sale at $395,000 with 2,664 sqft and a lot size of 1.48. 701 1st Street has 4 bedrooms, 2.0 baths, and was built in 2001. The property's zip code is 50153 which is in Lynnville, IA