This 3-plex property presents a fantastic investment opportunity with multiple options for potential buyers. Whether you're looking to live in one unit while renting out the others, or rent all three for a steady income stream, this building offers great versatility. The first-floor unit features 4 bedrooms (1 non-conforming), 1 bath, and has been updated with newer cabinets, countertops, sink, and flooring. The second-floor unit includes 2 bedrooms, 1 bath, and boasts a new refrigerator and kitchen windows. The third-floor unit offers a cozy 1 bedroom, 1 bath, and has been refreshed with a new vanity and refrigerator. Each unit is equipped with electric baseboard heat, and tenants provide their own window air conditioning units. The property also includes a basement with 3 new electric water heaters, as well as a new Speed Queen coin-operated washer and dryer for tenant use. While the driveway is shared, there is alley access for additional parking and street parking options. The garage is currently used by tenants for storage. Don't miss out on this prime opportunity to own an income-generating property! Showings to start on Friday & Saturday 18th & 19Th, then tenants would like 24hr notice for any showings after the 19th.
Legal: 14 9 L & H **Legal as per abstract**
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317 1St Street (MLS # 250398) is a property located in Spencer, IA. MLS# 250398 is a MultiFamily which has 7 bedrooms, 3 bathrooms, is 2610 sqft and listed with a price $149,900 on Bojihomes.com. 317 1St Street is situated in the area of the Iowa Great Lakes located in Northwest IA. Find detailed information about 317 1St Street, Spencer, IA 51301 including interior & exterior features, photos, as well as community and market stats for Spencer, IA. Contact RE/MAX Lakes Realty at to receive personalized Spencer, IA real estate service. He will provide you information and key facts based on years of knowledge and experience, about 317 1St Street, Spencer, IA 51301. RE/MAX Lakes Realty will also provide you with a comparative market analysis (CMA) for similar homes for Sale in Spencer, IA. Explore 80 more homes for Sale in Spencer as well as 80 more properties for Sale in 51301 using Bojihomes.com MLS Search of off lake homes for East Lake, West Lake, and Big Spirit Lake..