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706 Mechanic Street, Decorah, IA 52101
  • 706 Mechanic Street, Decorah, IA 52101
  • 706 Mechanic Street, Decorah, IA 52101
  • 706 Mechanic Street, Decorah, IA 52101
  • 706 Mechanic Street, Decorah, IA 52101
  • 706 Mechanic Street, Decorah, IA 52101
  • 706 Mechanic Street, Decorah, IA 52101
  • 706 Mechanic Street, Decorah, IA 52101
  • 706 Mechanic Street, Decorah, IA 52101
  • 706 Mechanic Street, Decorah, IA 52101
  • 706 Mechanic Street, Decorah, IA 52101
  • 706 Mechanic Street, Decorah, IA 52101
  • 706 Mechanic Street, Decorah, IA 52101
  • 706 Mechanic Street, Decorah, IA 52101
  • 706 Mechanic Street, Decorah, IA 52101
  • 706 Mechanic Street, Decorah, IA 52101
  • 706 Mechanic Street, Decorah, IA 52101
  • 706 Mechanic Street, Decorah, IA 52101

Property Details

NEW LOWER PRICE For this Duplex. ARE YOU Shopping for a Seasonal home in Decorah ? MAYBE A INVESTMENT Property with stable income ? Check out this 2 Family conversion close to the business district and schools. Walking school bus route in this area. parking pad in the rear with alleyway access. Privacy fence around back yard and deck. Both units currently occupied with renters, Please plan showing requests in advance. Chance to buy an investment property with income on day one of ownership, Would work for a 1031 ExChange. Home has 1 forced air furnace with natural gas connection providing heat to both levels, HEVAC unit also providing AC to both levels - control for heat and cooling located on main level. 1 water heater, electric for the 2 units, separate electric meters for rest of electrical system. 1 water meter service to the home. Renters are responsible for all utilities and grounds keeping, snow removal on front sidewalk area on Mechanic st. besides alleyway off-street parking area. IF your planning a retirement in Decorah in the future, this would be a way to establish a residential location close to services and continue with it as a rented investment property with renters taking care of the grounds, snow removal and covering all the utilities. Once your ready for the move to Decorah you could convert one or both of the rental units back to being your personal home or maybe keep one renter to manage the property and use half the property as a second home for your visits to Decorah. No worries about finding a motel vacancy or a campground spot for a RV, just grab the house key, weekender bags, phone chargers and cruise up for all the special events and activities that are going on.
Property Information for 706 Mechanic Street, Decorah, IA
MLS ID #:
20174286

Property Address:
706 Mechanic Street
Decorah, IA 52101

County:
Winnishiek

Region:
Outside Area

Area:
Winneshiek

Year Built:
1910

Property Type:
Multi-unit

Sub-Type:
Duplex

Number of Units:
2

School:
Decorah Community Schools

Date Listed:
August 2nd, 2017

Status:
Active

Price:
$169,900.00

Gross Taxes:
$2,104.00

Gross Income:
$13,200.00 Actual

Net Income:
$0.00

Occupant:
Renter

Tenant Responsible:
Electric, Garbage, Gas, Heat, Lawn Care, Snow Removal, Trash, Water

Terms of Tenancy:
Month to Month

Finance Type:
Cash, Conventional

Sale/Lease Type:
Normal Sale

Docs on File:
Lead Paint Disclosure, Legal Description, Sellers Disclosure

Zoning:
R-3

Legal Desc:
LOT 15 BLK 2 WHEELER'S ADDN to Decorah IA Winneshiek Co. Section 21 T-98-N, R-8-W of the 5th P. M.

Unit #1:
2 Bed, 1 Bath, Refrigerator, Stove, Dishwasher, Washer/Dryer, $550.00 Rent

Unit #2:
2 Bed, 1 Bath, Refrigerator, Stove, $550.00 Rent

Basement:
Block

Laundry:
Lower Level

Garage Type:
Carport

Parking:
Gravel,Parking Spaces

Off-Street Parking:
4

Stories:
2 Stories, Duplex

Total Fin Sq Ft:
2,138 sq ft

Main Sq Ft:
1,146 sq ft

2nd Level Sq Ft:
992 sq ft

Lot Description:
View-City

Lot Sq Footage:
5,250

Lot Dimensions:
50 X 105

Reg/Irreg:
Reg

Acres:
0.120

Road Frontage:
Hard Surface Road

Exterior:
Vinyl

Siding:
Vinyl

Roof Type:
Asphalt

Exterior Amentities:
Deck, Fenced Yard, Privacy Fence, Storage Shed

Utilities Available:
Cable Paid by Individual, Elec Individual Meters, Garbage Pd by Individual

Water Type:
City

Sewer Type:
City

Fuel Type:
Natural Gas

Water Sep by Unit:
No

Elec Sep by Unit:
Yes

Heat Sep by Unit:
No

Heating:
Forced Air, Gas

Cooling:
Central Air

Flood Plain Class:
C/X - Not in Flood Plain

Realtor/Equal Housing Lender Listing provided courtesy of Cedar Valley Iowa Realty - Decorah.
Listing Agent: William Stoen
IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.