Craig Newcomb
- Buy
- Sell
https://www.ruhlmortgage.com/ChrisSchneider.html
Description
Unlock the value in this 3?4 bedroom, 1-bath property sitting on a desirable corner lot in Belmond. This home is in poor condition and priced accordingly, making it an ideal project for investors seeking ROI through renovation or resale. Inside, the layout offers solid potential, including a large kitchen ready for redesign and multiple bedrooms that can be reconfigured to maximize functionality. An enclosed porch and patio add extra square footage to work with?perfect for enhancing curb appeal and livability. A major asset is the detached 3-car garage, providing excellent storage, workshop space, or rental value for hobbyists and tradespeople. This property needs full rehab, but the fundamentals are here: corner lot, flexible floor plan, and a garage setup rarely found at this price point. Whether you're planning a flip, BRRRR strategy, or long-term rental, this is a prime opportunity to add value in a steady small-town market.
Property Highlights
Property Type: Residential - Single Family
Total Living Area SF: 1,428
Garage Size: 3
Built in 1900
General Information
Bedrooms: 3
Bathrooms: 1
Sqft: 1,428
County: Wright
Listed By:
Lake-Iowa Realty
641-357-6123
No Coast MLS
MLS ID: 6336958
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215 3rd Street Ne, Belmond, IA 50421.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $19,900 | $19,900 | $19,900 |
| Down Payment | $3,980 | $697 | $4,975 |
| Monthly Mortgage Amount | $95 | $117 | $122 |
| Taxes | $28 | $28 | $28 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $9 | $0 |
| Monthly Estimated Total | $223 | $254 | $250 |
Craig Newcomb
REALTOR®
Managing Broker
Office: (563) 441-5043
Cell: (563) 340-1035
Licensed in IA & IL
Bettendorf Office
1228 Middle Road
Bettendorf, IA 52722
(563) 441-5000
Bettendorf, IA 52722
(563) 441-5000
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Listings courtesy of No Coast MLS as distributed by MLS GRID.
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