219 Franklin AVE Active Save Request In-Person Tour Request Virtual Tour
Ames,IA 50014
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,157 sqft
Price per Sqft $244
MLS Listing ID 66806
Style 1 1/2 Story
Bedrooms 4
Full Baths 3
Year Built 1929
Lot Size 9,583 Sqft
Property Sub-Type Single Family Residence
Property Description
A rare investment opportunity to own a 4 bedroom, 3 bathroom home in Ames, Iowa in a prime location for rental property ownership, just a short walk from Iowa State University. With spacious bedrooms, hardwood floors on the main level, and stainless steel appliances, the home is both functional and low-maintenance. Recent updates include new siding, roof, and vinyl windows, along with a 2021 HVAC system, providing peace of mind for years to come. Outside, enjoy a large yard and a detached one-stall garage. The property is currently leased through July 2026, with a rent increase already signed for the upcoming lease term, offering consistent cash flow from day one. A newly renewed Letter of Compliance is already in the works. Properties of this size and condition near campus are rare—this is a great long-term hold in an area with strong rental demand!
Location
State IA
County Story
Zoning Res
Interior
Heating Forced Air,Natural Gas
Cooling Central Air
Flooring Vinyl,Hardwood,Carpet
Building
Foundation Tile,Brick/Mortar
Sewer Public Sewer
Water Public
Structure Type Vinyl
Schools
School District Ames
Others
Special Listing Condition Standard