319-939-5352

706 Mechanic Street
Decorah, IA 52101

Multi-Family
  • 2units
  • 0.12acres
$169,900
Est. P&I payment: $648.9/mo
706 Mechanic Street, Decorah, IA 52101
  • 706 Mechanic Street, Decorah, IA 52101 Photo 1
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Description for 706 Mechanic Street, Decorah, IA 52101
NEW LOWER PRICE For this Duplex. ARE YOU Shopping for a Seasonal home in Decorah ? MAYBE A INVESTMENT Property with stable income ? Check out this 2 Family conversion close to the business district and schools. Walking school bus route in this area. parking pad in the rear with alleyway access. Privacy fence around back yard and deck. Both units currently occupied with renters, Please plan showing requests in advance. Chance to buy an investment property with income on day one of ownership, Would work for a 1031 ExChange. Home has 1 forced air furnace with natural gas connection providing heat to both levels, HEVAC unit also providing AC to both levels - control for heat and cooling located on main level. 1 water heater, electric for the 2 units, separate electric meters for rest of electrical system. 1 water meter service to the home. Renters are responsible for all utilities and grounds keeping, snow removal on front sidewalk area on Mechanic st. besides alleyway off-street parking area. IF your planning a retirement in Decorah in the future, this would be a way to establish a residential location close to services and continue with it as a rented investment property with renters taking care of the grounds, snow removal and covering all the utilities. Once your ready for the move to Decorah you could convert one or both of the rental units back to being your personal home or maybe keep one renter to manage the property and use half the property as a second home for your visits to Decorah. No worries about finding a motel vacancy or a campground spot for a RV, just grab the house key, weekender bags, phone chargers and cruise up for all the special events and activities that are going on.
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My Notes for MLS #20174286

General Features

  • Acres: 0.12
  • Zoning: R-3
  • Flood: C/X - Not
  • Additional Parcel Y/N: No
  • House Style: Renter
  • Lot Sq Ft: 5,250
  • Lot Dimensions: 50 X 105
  • Region: Outside Area
  • Year Built: 1910
  • Condition Rating: Yes
  • Total Sq Ft: 2,138
  • OffStreet Parking spaces: 4
  • Unit 1: Main
  • PARKING: Gravel,​Parking Spaces
  • ROAD FRONTAGE: Hard Surface Road
  • ROOF TYPE: Asphalt
  • SIDING: Vinyl
  • STORIES/STYLE: 2 Stories,​Duplex

School Features

  • Elementary School: Decorah Co
  • Middle/Jr High School: Decorah Co
  • Sr. High School: Decorah Co

Utility Features

  • Water Type: City
  • Sewer Type: City
  • Fuel Type: Natural Ga
  • COOLING: Central Air
  • HEAT TYPE: Forced Air,​Gas
  • UTILITIES AVAILABLE: Cable Paid by Individual,​Elec Individual Meters,​

Financial Features

  • Gross Taxes: 2,104
  • Assoc. Fee Type: No
  • Current Rent $: 550
  • Association Fee $: 550
  • Assessed Value: 129,160
  • Water/Sewer Expense$: 70

Interior Features

  • Living Room Level: Yes
  • Family Room Level: Carport
  • Above Grade SqFt: 1,146
  • Main SqFt: 1,146
  • Finished Below Grade SqFt: 992
  • Kitchen (LxW): Actual
  • Number of Units: 2
  • Unit Bedrooms 1: 2
  • Unit Bedrooms 2: 2
  • Unit Baths 1: 1
  • Unit Baths 2: 1
  • Unit Wash/Dry 1: 1
  • Unit Refrig 1: Yes
  • Unit Refrig 2: Yes
  • Unit D/W 1: Yes
  • BASEMENT: Block
  • LAUNDRY: Lower Level

Exterior Features

  • EXTERIOR: Vinyl

Location

 
Street View Not Available
Directions to 706 Mechanic Street, Decorah, IA 52101
No Parking on Mechanic St. frontage, please use rear pad from alleyway access. Hwy 9 to Short St. and Short St. converts into Mechanic St. as it turns to the North.
The listing information for 706 Mechanic Street, Decorah, IA 52101 was graciously provided by our friends at the listing brokerage, Cedar Valley Iowa Realty - Decorah

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P&I Payment $648.9
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on Huff Land Company's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. Huff Land Company, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 11/24/2017 at 9:38pm
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