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73 Shaw Street, Lansing, IA 52151

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For Sale

$275,000

5 beds • 2 baths • 2,684 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $102.46
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

This excellent income producing duplex currently rented! This is a great opportunity if you are an investor looking for a turn key transaction, a full time residence, or weekend getaway with the other unit making the payment for you. The entire property features 2 large recently renovated units, 5 bedrooms,2.5 baths, a large open-concept kitchen, dining, and living room. An artesian water system (not city water) and plenty of space for parking boats or extra vehicles on this large lot. This is within walking distance to dining and only minutes to the boat landings. The recent influx of rental demand in the area, this would be a very wise addition to any portfolio. Both units occupied with a current GRI $32,400 annual, showing an estimated 8% cap rate and a potential 9.31% IRR! Call today to receive more details on how to build your wealth with this investment!
MLS# 20242010

Courtesy Of Sweeney Real Estate

(563) 568-4170

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Deck
  • Architecture Style
    Other
  • Cooling System
    Central A/C
  • Exterior Type
    Vinyl Siding
  • Heating System
    Forced Air
  • Lot Size
    0.35 Acres
  • Roof Type
    Asphalt
  • Rooms
    Bedroom, Full Bath

Map and Directions

Directions to 73 Shaw Street, Lansing, IA 52151

Home seller CENTURY 21 Signature Real Estate

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CENTURY 21 Signature Real Estate

(515) 597-2205
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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2024 Northeast Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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