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$ 247,500
Est. payment /mo
Active
3523/3525 Tripp ST Ames, IA 50014
1,440 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,440 sqft
Price per Sqft $171
MLS Listing ID 70567
Style Ranch
HOA Y/N No
Year Built 1955
Annual Tax Amount $2,934
Lot Size 0.270 Acres
Acres 0.27
Property Sub-Type Duplex
Source Central Iowa Board of REALTORS®
Land Area 1440
Property Description
Great income producing duplex backing to Franklin Park and located just south of West HyVee and within walking distance of Iowa State University Campus. Large lot with space for future garages to be built. Efficient, well cared since 2016 by owner-managed landlord who has made many upgrades over the years including new trim, doors, flooring, mechanicals, etc. Full unfinished basements are great for tenant storage needs and could be finished for added bedroom and living spaces to increase rent income. Current Letter of Compliance with the City of Ames and leases secured or renewed for the upcoming 8/1/26-7/31/27 lease cycle. This building is being sold as a portfolio sale including 4 total duplexes (3517/3519 Tripp St, 3523/3525 Tripp St, 3531/3533 Tripp St, and 3542/3544 Tripp St) and will not be split or sold separately.
Location
State IA
County Story
Zoning RL
Body of Water Public
Rooms
Basement Full
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Vinyl, Carpet
Exterior
Garage No
Building
Foundation Block
Sewer Public Sewer
Water Public
Structure Type Steel Siding
Schools
School District Ames
Listed by CENTURY 21 SIGNATURE-Ames