1402 Ithaca Avenue, Spirit Lake, IA 51360

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$184,000

bedrooms

bathrooms

square feet

1,277

Acreage

0.2

Open Houses

year built

1915

Full Baths

Half Baths

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Calling all investors! This delightful 1.5-story bungalow in the heart of historic Spirit Lake, Iowa, offers an incredible investment opportunity. Priced at $184,000, the property not only cash flows but also includes a dependable long-term tenant eager to continue their lease, ensuring immediate rental income for its new owner. The home features 2 bedrooms, 2 bathrooms, and plenty of character with its original hardwood floors, creating a warm and inviting atmosphere. The updated kitchen is both functional and stylish, flowing seamlessly into the dining area, perfect for gatherings. The spacious living room provides ample room for relaxation or entertaining with a wood burning fireplace, making this property appealing to both tenants and homeowners alike. Nestled on a generous 0.2-acre fenced lot, the home offers privacy and space to enjoy outdoor living. The cozy 3 seasons front porch invites you to sit back and soak in the charm of this historic neighborhood, while the backyard features a deck and fenced in yard, ideal for barbecues, gardening, or simply unwinding. A huge, oversized two-car garage adds significant value, providing storage, potential for additional living space and convenience that tenants will appreciate. Located in Spirit Lake, this property combines historic charm, modern updates, and strong investment potential. This property is being offered in AS-IS condition.Whether you're expanding your portfolio or looking for a reliable income-generating property, this bungalow is a must-see!

Location
Subdivision	-
County	Dickinson
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 250051

Listing agent: Josh Schaben #S71639

Listing broker: Keller Williams Okoboji (712) 226-1900

Copyright © 2025 Iowa Great Lakes Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Tuesday, April 29 2025 at 9:55 a.m. EDT

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