9053 Franklin Ave, Clive, IA 50325

Great duplex investment opportunity in Clive, located west of 86th and south of Hickman! Each side includes 2 bedrooms and 1 bath with a full, unfinished basement. This home is in very good condition and has a total of 1408 sq ft of finish on the main floor split between the 2 units. The rents are $800/side with all utilities excluding water paid by tenants. Yard and snow maintained by tenants. Total water bill for both units is approximately $100/month. Current rental certificate in place through December of 2020. Updates include new refrigerator and furnace in 2017 in unit 9053, and new appliances in unit 9051 in 2016. The lease for unit 9051 runs until March 31 of 2020. The lease for unit 9053 is currently month to month but tenant has indicated he will sign a yearâs lease with new owner. The basement in both units would work well to add egress windows and a 3rd bedroom which would allow for an increase in rental income.