311 N Avenue C, Washington

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$140,000
2.0 Units
MLS: 202506534

Unique duplex investment opportunity in Washington! This property features two separately metered units, both with private entrances on the front of the home. Unit 1 is a 3-bedroom, 1-bath layout located entirely on the main floor, with access to a small unfinished basement. Unit 2 opens to a main-level entryway and living space, with the kitchen, bedroom, and bathroom located upstairs. Both units are currently tenant-occupied on month-to-month leases, offering immediate cash flow for investors or potential for an owner-occupant looking to offset their mortgage. Built in 1890, the home offers charm, versatility, and walkable access to downtown Washington’s shops, restaurants, and schools. Each tenant pays their own apartment's electric, gas, and water. 48-hour notice required for all showings. Interior photos available for layout upon request.

      
Directions: Turn East off of Highway 1 onto W Fifth St. Turn right (South) onto N Ave C. Duplex is on the West side of the road two places before getting to W Third St.

Property Details

MLS #: 202506534
Price: $140,000
Year Built: 1890
Income/Yr: $16,800.00
Expense/Yr: $0.00
Parking: Off Street, On Street
Basement: Crawl Space, Unfinished
Total Sq Ft: 1664
Electric Expense: $0.00
Gas Annually: $0.00
Maint Expense: $1,000.00
Insurance Expense: $750.00
Gross Tax: $1,666.00
Units: 2.0
Laundry:
Energy Generation:
Heat/Cooling: Forced Air, Window Units
Elementary: Washington
Middle: Washington
High: Washington

Information deemed reliable but not guaranteed


Who To Contact

Agent Photo

Edge Realty Group

319-351-3355
 
info@edge-realtygroup.com


 Listing Office: RE/MAX Affiliates - Agent: Peter Schwartz - Information furnished by Iowa City Area Association of Realtors