INVESTOR SPECIAL! This updated duplex in Iowa presents an exceptional opportunity with both properties currently leased. Unit A is leased for $800/month with $150 utility reimbursement paid to the owner. Unit B is leased for $850 a month, with tenants responsible for a $150 utility reimbursement. Situated on a spacious lot, this duplex offers potential for additional units. Each side features 2 bedrooms and 1 bathroom, showcasing recent updates including a new roof, sheetrock, interior and exterior paint, cabinets, fixtures, and flooring. The AC units are just 4 years old, and new vinyl siding adorns the exterior, complemented by all-new bathrooms. Notably, there's only one meter for both units, and the city has confirmed the possibility of adding 2 mobile homes or another home behind the duplex. With flood zone AE designation, current flood insurance stands at $834.67 per year, and the seller is willing to transfer this to the new buyer if permitted by insurance regulations. The property is currently tenant-occupied, so kindly provide 24-hour notice for all showings. Don't miss this opportunity--make your offer today! Measurements are M/L
Iowa is located in Louisiana. Iowa, Louisiana has a population of 3,329. Iowa is less family-centric than the surrounding county with 24.11% of the households containing married families with children. The county average for households married with children is 30.36%.
The median household income in Iowa, Louisiana is $55,163. The median household income for the surrounding county is $59,470 compared to the national median of $69,021. The median age of people living in Iowa is 34.1 years.
The average high temperature in July is 91.3 degrees, with an average low temperature in January of 40.7 degrees. The average rainfall is approximately 63.3 inches per year, with 0 inches of snow per year.
