1125 Broadway st, Larchwood, IA 51241

Property Description

Investment Opportunity in Larchwood, Iowa Duplex or Single-Family Potential! Check out this versatile 2-story property in Larchwood, Iowa! Currently set up as a duplex, this home offers great income potential while also giving you the option to convert it back into a spacious single-family home. The lower unit features 2 bedrooms, 1 bathroom, and its own private laundry area, currently generating $450/month in rental income. The upper unit also offers 2 bedrooms, 1 bathroom, private laundry, and generates in $500/month in rental income. Sewer and water are currently paid by the owner. Electric and garbage are paid by tenants. Whether you're looking to expand your investment portfolio, live in one unit while renting the other to help offset your mortgage, or transform the property into a family home, the opportunities are endless with this property! Don't miss your chance to own a flexible property with income-producing potential in a great small-town community.