316 S 16th St, Fort Dodge, IA 50501

Property Description

**Great Investment Opportunity – Income-Producing Duplex!** Looking to expand your investment portfolio? Check out this duplex located at **316 S 16th St in Fort Dodge!** This property features two separate rental units, including a spacious **2-bedroom, 1-bathroom unit** and a **1-bedroom, 1-bathroom unit**. The upstairs unit has received recent updates, including new flooring, offering an attractive living space for tenants. With current annualized rental income potential of **$16,200** and relatively low operating expenses, this property presents an excellent opportunity for investors looking to generate rental income. Annual expenses include approximately $630 in property taxes, $434 in insurance, and $3,000 in utilities. Whether you're an experienced investor or looking to purchase your first rental property, this duplex offers income potential and an opportunity to build long-term equity. **Schedule your showing today!**