Great investment opportunity! Charming, cash flowing, well-maintained duplex hosts one unit (2br, 1 bonus room, 1ba) on the main floor, a cute front porch plus the yard. Unit 2 (4br 1ba) occupies the second & third floors of the house. Property has active rental certificate & priced at a 9.7% cap, split meters so tenants pay all utilities. Appraised at $265,000 in April (Rally Appraisal), with partial roof replacement, gutter replacements, & several other improvements following. Concrete slab off of the alley has potential to build a garage or function as patio space. Walking distance to Black Cat Ice Cream, Dogtown area, Drake University, Varsity Cinema Drake Park & Good Park. Quick access to downtown, East Village & i235, multiple grocery store options. Continue operating fully as a rental, become owner occupied in one unit, or convert to 6br 2ba single family. Seller offering $500 credit towards improvement of the buyer’s choice. 24 hours notice required for showing of both units - please contact seller's agent! 10 Year tax abatement filed 8/24. Listing agent has ownership interest in the property *See MLS attachments for list of property updates & further property information.*