505 3rd Street, Spencer, IA 51301 for Sale

MLS #241320 | Bojihomes.com

$50,000

  • 3
  • 2
  • 1301
  • Active

General Description

Investor special! Bring your skillset and ingenuity into this duplex, and restore it into your next income-producing property. A two-bedroom home on the main level and a studio apartment--with a separate entrance--on the second floor.

Legal: W 1/2 OF S 1/2 3 EGLESTON
Status: Active

Property Information

241320

$50,000

Sale

Duplex

1.5 STORY

RESIDENTIAL

505 E 3rd Street

Spencer

IA

51301

3

2

2

1.5

1301

8910

Detached

1

610

2023

Spencer

1900

Features

Negotiable

Main Floor Bedrooms

Water Heater-Gas

Utilities

Forced Air

Public/City

Public Sewer

No

Miscellaneous

Full

Unfinished

Concrete Block

Concrete Block,Frame/Wood

Fiber Cement

LISTED BY

eXp Realty LLC, Kate Padilla (833.835.5566)

PROPERTY LOCATION

MORTGAGE CALCULATOR


Will Kretsinger - REALTOR

Will Kretsinger

REALTOR

Aaron Jones - ABR | SRS, RE/MAX Hall of Fame & Lifetime Achievem

Aaron Jones

ABR | SRS, RE/MAX Hall of Fame & Lifetime Achievem

Ask About this Property #241320

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COMMUNITY

"The Tressle"

"The Tressle" bridge used to carry the old railroad that traversed the area. Now the tressle is home to some of the areas best fishing. Served as a hot spot for fisherman, and a trail for walkers and bikers, the tressle is a classic structure of the Okobojis. We spent days jumping off of the tressle doing cannonballs, preachers, flips and the like. I know in my life my friends and I have caught literally tens of thousands of crappie and blue gill off the tressle bridge.

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Nashlo Captains Getaway in Arnolds Park

Captains Getaway in Arnolds Park is the spot for the best live music entertainment in Okoboji. Highlighting the talent rolling through the lakes is the Nashlo Series of talented up and coming performers along with artists we have all heard of. Captains Getaway in Arnolds Park is the spot to be in Okoboji for the best live music!

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"Turn-Over" Thermocline

Referred to locally as the lake turning over the thermocline is a feature of lakes with deep water. The water on the top of the lake changes temperature much more variably during the year. On West Lake, it can reach as much as 75 degrees in July while the water below, greater than 35 or 40 feet deep is relatively stable around 45 degrees. In the fall and early winter, the top strata of the lake will cool to below 45 degrees, and then because it becomes denser, it will "sink" below the lower strata, thus, displacing it and making the lake "turn-over". In the deepest part of West Lake (near the 136ft mark), no light is availble, and hence little life is known whether fish or plant. Typically questions are raised as to why the surface water gets dirty for a short period of time in the fall, this this is the standard answer.

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