$107,700
3 bed, 1 bath · 744 sqft · BUILT 1938
REFERRAL PROGRAM
Refer someone to Turnkey Iowa. If this leads to a sale, you receive $500 for the first property. Any subsequent properties, you receive $250.
This property is located in a nice, 3 star neighborhood. The yard was completely overgrown when we purchased it, but has been cleaned up tremendously. Grass seed has been planted, so it should have some grass again soon! We were able to convert one of the two living areas into a 3rd bedroom, which could also be used as an office or bonus room. One of the bedrooms has stairs that lead to the basement, which is a convenient walk-out. Although it’s a smaller square footage home, we expect favorable rents due to the location.
Below is a list of the major renovation items:
New driveway and sidewalk
Replaced two basement walls
New roof
All new appliances
Upgraded electrical system (new panel)
Vinyl plank flooring where needed to replace carpet
Added mini blinds, lighting, updated switches and fixtures
Extensive yard work and clean up
Created 3rd bedroom/bonus room
Paint throughout
As with all of our Turnkey properties, we have eliminated much of the deferred maintenance, leaving a high projected monthly cash flow.