101 S Riverside Drive 103, Ames, IA 50010

$299,000.00

estimated mortgage

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This well-maintained duplex is located just minutes from the Iowa State University campus, making it an ideal choice for both investors and student renters. Each unit offers 3 spacious bedrooms and 1 full bathroom, with a functional layout and comfortable living space that consistently attracts reliable tenants.The property is fully leased through 2026, providing immediate and stable rental income. Situated in a high-demand area with easy access to campus, CyRide bus stops, shopping, and dining, this duplex boasts an excellent rental history. The only landlord responsibilities are snow removal and lawn care, making it a low-maintenance investment.With strong cash flow potential and a location that's always in demand, this is a rare opportunity to own a turn-key property in the heart of Ames.

Listing courtesy of

RE/MAX REAL ESTATE CENTER

MLS #:

67296

Year Built:

1977

Total Living Space:

1728 SqFeet

Total Living Space:

1728 SqFeet

Garage:

1 car, detached

Exterior:

Wood

Foundation:

Concrete Block

Heat Type:

Forced Air

Cool Type:

Central Air

Monthly payments are estimates based on current market rates for a 30-year fixed mortgage with 20% down and 5.0% interest. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.