515 Garden Rd

By Owner
Inactive
AMES, IA, 50010
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Property Description

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6 Bedrooms

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4.0 Baths

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3,600 SQ FT

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0.29 Acres

$410,000

Welcome to 515 - 513 Garden Rd, Ames, IA, a remarkable duplex that has been completely renovated inside in 2017. Listed at an attractive 6.5% Cap Rate, this property offers two matching units, each featuring 3 bedrooms and 2 bathrooms. The finished basements in both units include walkouts with patios, providing additional living space and outdoor access. With a total of 6 bedrooms and 4 full bathrooms, this home is perfect for both investors or owner occupied living. Each side is currently rented for $1480 per month for the 2024-2025 season, with a history of quick occupancy and long-term tenants. The property spans 3,600 sqft on a 0.29-acre lot, complete with modern amenities such as forced air heating, central cooling, in-unit laundry, and updated flooring. The attached garage and off-street parking add convenience, while the great neighborhood and walking distance to Kate Mitchell Elementary enhance the appeal of this well maintained duplex. Don't miss out on this fantastic investment opportunity in a prime Ames location!


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