This property is a duplex that can serve as a dynamic investment opportunity or a multi-generational home. Located within walking distance of Kinnick-Feller Riverside Park and just a few blocks from Main Street in Adel, this home has been updated, including exterior finishes. Each unit is nearly 1500 sq ft and has fresh LVP flooring and carpeting throughout and a large, open-concept living area. The kitchen has been updated with new cabinetry and stainless appliances, and there is plenty of room for eat-in dining. There are three bedrooms with spacious closets in each unit and two full bathrooms in 1010, and one 3/4 bath in 1012. The baths have been updated with new vanities, storage, and accessible tub/shower inserts. The units also include many handicap features, making them eligible for government-assisted rent programs. With plenty of parking spots and a convenient location, this property is an investment opportunity for a new buyer.
This property is a duplex that can serve as a dynamic investment opportunity or a multi-generational home. Located within walking distance of Kinnick-Feller Riverside Park and just a few blocks from Main Street in Adel, this home has been updated and features low-maintenance exteriors. Each unit is over 1400 sq ft and has fresh LVP flooring and carpeting throughout and a large, open concept living area. The kitchen has been updated with new cabinetry and modern appliances. Each unit has three bedrooms with spacious closets and bath. The baths have been updated with new vanities, storage, and handicap accessible showers. The laundry room is complete with a washer, dryer, and utility sink. A bonus lot of 0.5 acres is included with this property, attached to the South. It has already received preapproval from the City of Adel to build two more duplex units. Additionally, the buyer is extending an opportunity to purchase the tractor, trailer and equipment seen in the photos. The units also include many handicap features, making them eligible for government-assisted rent programs. With plenty of parking and a convenient location, this property has room to expand income-earning opportunities for a new buyer.
Adel is located in Iowa. Adel, Iowa has a population of 5,867. Adel is more family-centric than the surrounding county with 45.95% of the households containing married families with children. The county average for households married with children is 45.25%.
The median household income in Adel, Iowa is $67,440. The median household income for the surrounding county is $93,492 compared to the national median of $69,021. The median age of people living in Adel is 36.8 years.
The average high temperature in July is 85.2 degrees, with an average low temperature in January of 12.2 degrees. The average rainfall is approximately 35.3 inches per year, with 32.6 inches of snow per year.
