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.
Taxes are paid one year in arrears. 2016 and 2017 back taxes are due.
PROPERTY IS SOLD AS IS, WHERE IS-
Buyer is responsible for $500 document and closing fee and 8 % auction premium (minimum $250).
10% non-refundable deposit (minimum $1,000) and the $500 fee are due and payable within 48 hours of the auction close.
Final Payment of the balance of the purchase price and the auction premium are to be made within 7 calendar days of the Auction close.
Sold on a Quit Claim deed with buyer assuming taxes, liens and encumbrances so please do your due diligence BEFORE you bid. Escrow and deed preparation and recording to be handled by RDS Group, LLC, who will be emailing buyer within 24 hours of auction's close. Buyer must fund escrow for balances due as above or else may be declared in default.
No statement anywhere, whether express or implied, shall be deemed a warranty or representation by the Seller regarding these assets. 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.
OVER 175 AUCTIONS ALREADY SOLD ON BID4ASSETS, CHECK OUT OUR PROPERTY PAGE FOR CURRENT AUCTIONS:
http://www.bid4assets.com/v5/search/#t=s|s=507829|sc=bidclosetime|so=ASC
scroll to view more images
