601 Day Street, Decorah, IA 52101

$359,000

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List Price
$359,000
MLS#
20264133
Status
ACTIVE
Type
Multifamily
Subtype
Residential Income
Year Built
1910
Acres
0.11
County
Winneshiek
City
Decorah

Property Description

This is a unique property with a lot of options! Currently configured as a duplex, this property offers excellent rental potential but could also easily be converted back into a spacious single-family home or owner-occupied rental.The upper-level unit is currently rented as a furnished long-term rental, while the lower level is available - giving a new owner the flexibility to live in one unit, rent both, or make the entire property their home. This completely renovated, turn-key property offers 1,832 square feet of versatile space featuring 4 bedrooms and 2 bathrooms, updated inside and out in 2024 with a brand-new steel roof. Designed for optimal flexibility, the home features a fully furnished upper-level apartment—perfect for use as a long-term rental, an Airbnb, or extra living space—complete with new washer and dryer units and new, highly efficient mini-split heating and A/C systems on both levels. Outside, you'll find a nice-sized yard with plenty of room to relax and enjoy, all situated in a great neighborhood within easy walking distance of downtown, restaurants, parks, local shops, and the Trout Run Trail. With every detail fully updated, there is nothing left to do but move in, make it your own, or continue generating income as an investment property.

Additional Information

Unexempt Taxes
$4,572
Lot Size
4,884
Roof
Metal
Elementary School
Decorah Community Schools
Middle School
Decorah Community Schools
High School
Decorah Community Schools

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Calculator source: Real Geeks

Listing courtesy of Jeff Hagel Real Estate.