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Fort Dodge IA- 2 Bed 1 Bth Single Family Home

420 4th St NW, Fort Dodge IA  50501

Nice 2 Bedroom single story Single Family home on 5,663 sq ft lot.

In a good location: low unemployment rate 4.1% , good household income: $65,827/ year

Excellent Investment opportunity, ideal for a large family home or for rental income.

Frame single Family house with fibreboard siding. The house is 939 sq ft and as a total of two bedrooms 1 Bathroom, living and kitchen with a small front entrance and an extension at the back.  The property has a large outbuilding at the back and a shed.

The property has a forced air furnace which appear to be intact but will need servicing and possibly repairs.

The property needs a full rehab, clean-up, repairs and updating. The kitchen, bathroom, plumbing and electrics have not been vandalized but will need checking and updating as applicable

Once the rehab is done, the property offers great potential in a very good location.

Great location:

The property is located within 10 minutes' drive of Downtown Fort Dodge IA, in a nice neighbourhood on a quiet street lined with mature trees. The location of the property is very accessible being only 1.1 miles away from US HWY169

The property is located close to main local facilities and amenities.

 

Downtown Fort Dodge: 3.1miles

Crossroads Mall: 3.2 miles

Fort Dodge Regional Airport: 5.1 miles

 

Restaurants

Amigos (.5mi), Fort Dodge Country Club (.8mi), Buford's Steak House & BBQ (.9mi), O'goodies Irish Pub (1.2mi), Zakeer's (1.3mi), Olde Boston's Restaurant & Pub (1.3mi), Eagle's Landing (1.3mi), T C Mae's (1.4mi), Dairette (1.5mi), Los Aztecas (1.5mi), Village Inn (1.5mi), Sneakers Eatery & Pub (1.5mi), Papa John's Pizza (1.6mi), Marco's Pizza (1.6mi), Hardee's (1.6mi), Brownie's Café (1.8mi), Domino's Pizza (1.8mi), Great Western Dining Services (1.9mi), Lefti's Neighborhood Bar (1.9mi), Tom Thumb Drive Inn (2.1mi), DAIRY QUEEN STORE (2.1mi), Subway (2.1mi), Community Tap and Pizza (2.1mi), McDonald's (2.1mi),

Coffee

Bloomers On Central Gourmet (1.3mi), Central Perk and Dessert (1.6mi), Creative Cakes (2.5mi), Dunkin' Donuts (2.5mi), Starbucks (2.6mi),

Bars

Cricket's Lounge (1.1mi), Touch of Class (1.2mi), Top Hat Lounge (1.3mi), Fourth Street Depot (1.3mi), Pee Wee's Pub (1.3mi), Captain Hooks (1.4mi), Lefti's Neighborhood Bar & Grill (1.9mi), Chesterfield Lounge (2.7mi), Groceries Fareway Grocery (1.6mi), Fort Dodge Area Fruit/Vegetable Growers, Inc. (2.3mi), La Loma Tienda Mexicana Y Taqueria (2.4mi), ALDI Fort Dodge (2.5mi), Daybreak Foods (2.6mi), Hy-Vee (2.7mi), Walmart Supercenter (2.8mi),

Parks

Hydro Electric Park (.3mi), Loomis Park (.3mi), McCarville Park (.8mi), Phinny Park (.9mi), Haskell Park (1.1mi), Snell-Crawford Park (1.1mi), City Square Park (1.2mi), Veterans Memorial Park (1.4mi), Leif Ericson Park (1.6mi), Becker Wildlife Area (1.6mi), Reynolds Park (1.6mi), Kennedy Brown Park (1.6mi), Mason Park (1.7mi), Dodger Stadium (1.8mi), Linwood Hanson Park (2.1mi), RD Mitchell Park (2.3mi), Bob Hay Memorial Conservation Area (2.3mi), Oleson Park (2.5mi), Knollcrest Park (2.6mi), Harlan Rogers Park (2.9mi), East Lawn Acres Park (2.9mi),

Schools

Hillcrest Elementary School (.3mi), Feelhaver Elementary School (1.1mi), Phillips Middle School (1.1mi), Harvest Baptist School (1.3mi), Riverside Elementary School (1.5mi), Duncombe Elementary School (1.6mi), Fair Oaks Middle School (1.6mi), St Edmond Catholic Middle/high School (2mi), St Edmond Elementary (2mi), Fort Dodge High School (2.1mi), Cooper Elementary School (2.2mi), Butler Elementary School (2.3mi), Community Christian School (2.8mi),

Shopping

Casey's General Store (.7mi), Lincare (1.1mi), Romantix (1.1mi), Bike Shop (1.2mi), Bridal Visions by LD (1.3mi), The Repeat Boutique (1.3mi), Smurlz (1.4mi), 2be Trendy & Baby Barn (1.4mi), Annie's Bridal & Dress Shoppe (1.4mi), Katy Lynn Boutique (1.4mi), Eddie Quinn Fort Dodge Inc (1.6mi), Casey's General Store (1.6mi), Family Dollar Store (1.7mi), Aramark (2mi), My Bag (2mi), Casey's General Store (2.1mi), Triton Text Books (2.1mi), Village General Store (2.3mi), Book World (2.4mi), Foley Clothing (2.4mi), Urban Legendz (2.5mi), JCPenney (2.5mi), Foot Locker (2.5mi),

Entertainment

Wedster County Freedom Rock (1.2mi), Blanden Memorial Art Museum (1.5mi), Fort 8 Theatre (1.6mi), Fort Museum Historical Foundation (2.1mi),

Errands

FRONTIER Community Credit Union (1.1mi), Fort Dodge Family Credit Union (1.1mi), First Federal Savings Bank (1.3mi), Bank of America (1.3mi), A-1 Home Healthcare Center (1.4mi), Covers All Siding Co (1.4mi), Daniel Pharmacy (1.4mi), Gary N. Crosby, RPh (1.5mi), United Bank of Iowa (1.8mi), Citizens Community Credit Union (2mi), CVS Pharmacy (2.1mi), Plumb Supply Co (2.3m),

(walkscore.com)

Demographics

Total population 21,098 (within 3 miles)

% white alone: 93.04 % (within 1 miles)

Household Income: Average   $65,827 (within 1 miles)

 

THIS IS A UNIQUE OPPORTUNITY FOR THE SAVVY BUSINESS OWNER, DEVELOPER OR INVESTOR TO OWN A POTENTIALLY HIGH INCOME PROPERTY AT A DISCOUNTED PRICE IN A GREAT LOCATION.

Great investment opportunity:

Mean price in Fort Dodge for detached houses:  $125,628 (city-data.com)

Income potential once rehabbed:

2 bedroom houses of this size in this area are renting for about $550/ month.

 (rentometer.com)

Taxes:

Webster County, IA: Tax ID: parcel ID: 07-18-351-024

Low yearly real estate taxes: $468/ year.

Sold with NO Back taxes. Seller pays all back taxes (up to 2016).

PROPERTY IS SOLD AS IS, WHERE IS-   

Sold on a Quit Claim Deed with buyer assuming real estate taxes, liens and encumbrances (if any).

Winning bidder must contact the seller within 24 Hours after the close of the auction with full details of the buyer.

Buyer will also be responsible for $500 deed prep and doc fee as well as 8 % premium.

10% non-refundable deposit (minimum $1,000) , auction premium (Minimum $250) and $500 deed preparation and doc fee are due within 48 hours of auction close.

Final Payment to be made within 1 week of the Auction close.

All bidders to do their due diligence. Sold on a Quit Claim Deed with buyer assuming real estate taxes, liens and encumbrances (if any). No statement anywhere, whether express or implied, shall be deemed a warranty or representation by the Seller regarding these assets. Buyers are responsible for fixing building code violations (if any). Buyers are bound by the Purchase Agreement which is attached under the Due Diligence section. All buyers are deemed to have relied entirely on their own information, judgments and inspections of the property in making the decision to purchase the property.

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