Ames, IA 50010 513 Garden Road
$397,900
30 more
Presented By: PROmetro Realty
- MLS# 700893
- 08/16/2024
Beds • 6
Baths • 4
SQFT • 1,728
Garage • 2
Home Details
This renovated duplex, located on the south side of Ames, presents an outstanding investment opportunity with a CAP rate of 6.5% and secured leases extending through July 2025. The exterior was just refreshed with new vinyl siding. Each unit offers 3 bedrooms and 2 bathrooms, featuring recent upgrades such as flooring, paint, appliances, countertops, hardware, and fixtures. The main floor of each unit includes a living room, an eat-in kitchen, two bedrooms, and a full bathroom. The walkout lower level expands the living space with a third bedroom, a ¾ bathroom, a laundry room, and a family room, with access to two patios nestled under mature trees. Additional conveniences include an attached two-car garage (one per unit) and off-street parking. Situated in a desirable neighborhood close to Mitchell Elementary, this property boasts a strong rental history and quick occupancy, ensuring consistent rental income.
Presented By: PROmetro Realty
Interior Features for 513 Garden Road
Bedrooms
Total Bedrooms6
Bathrooms
3/4 Baths2
Half Baths
Total Baths4
Other Interior Features
Air Conditioning Y/NYes
BasementFinished, WalkOutAccess
Basement (Y/N)Yes
Below Grade Finished Area1332.0
Electric On Property Y/NNo
Fireplace Y/NNo
FlooringCarpet, Laminate, Vinyl
Furnished Y/NUnfurnished
Heating Y/NYes
General for 513 Garden Road
Additional Parcels Y/NNo
AppliancesDryer, Dishwasher, Microwave, Refrigerator, Stove, Washer
Architectural StyleDuplex
Attached Garage Yes
Carport Y/NNo
CityAmes
Construction MaterialsVinylSiding
CoolingCentralAir
CountyStory
Days on Market29
DirectionsFrom Hwy 30, head south on Duff to Garden Road. Head east and follow to home. Lockbox at Unit 515.
Elementary School DistrictAmes
Full Baths2
Garage Spaces2.0
Garage Y/NYes
Gross Income2960.0
HeatingForcedAir, Gas, NaturalGas
High School DistrictAmes
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionSOUTHDALE 2ND ADD LOT:11 AMES
Lot Size Square Feet12640.0
Lot Size UnitsAcres
MLS AreaAmes
Middle/Junior School DistrictAmes
MobileHomeRemainsYNNo
New ConstructionNo
NumberOfUnitsTotal2
Occupancy TypeTenant
OwnerPaysInsurance, Taxes
PostalCityAmes
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalDuplex
Property SubTypeDuplex
Property TypeMultiFamily
Rent Control Y/NNo
RoofAsphalt, Shingle
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Tax Annual Amount3569.0
Tax Year2023
Tenant PaysElectricity, Gas, Water
TermsCash, Conventional, FHA, VALoan
UtilitiesElectricityAvailable, NaturalGasAvailable, WaterAvailable
View Y/NNo
Waterfront Y/NNo
Year Built1976
ZoningRL
Exterior for 513 Garden Road
Building Area Total1728.0
Crops Included Y/NNo
Foundation DetailsBlock
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.2902
Lot Size Area0.2902
Open Parking Y/NNo
Parking FeaturesAttached, Garage, TwoCarGarage
Road Surface TypeConcrete
SpaNo
Water SourcePublic
Additional Details
Price History
Rachel Tiskevics
Realtor®