Description
Unique opportunity with endless potential! This property features two former assisted living homes (825 & 835 S 7th st.) situated on one site with a large paved parking lot, extra lot(s) offering flexibility for residential, investment, multi-generational living, or redevelopment possibilities. 7 bedrooms 3 bathrooms in 825 S. 7th. Full basement(unfinished). 3160 Sq. Feet 6 bedrooms 2 bathrooms in 835 S. 7th. No basement. 2728 Sq. Feet. Each building provides spacious layouts and the chance to customize to fit your vision. Outside, enjoy a fenced backyard perfect for privacy, outdoor gatherings, recreation, or additional use space. The expansive paved parking area offers convenience and accessibility with plenty of room for residents, guests, or all your vehicles. Whether you're looking to create a unique housing setup, expand your portfolio, or bring a new idea to life, this property delivers space, functionality, and opportunity all in one location. Schedule your showing today and explore the possibilities!
Property Highlights
Property Type: Residential - Single Family
Total Living Area SF: 5,888
Lot Size: 1.29 acres
Garage Size: 1
Built in 1972
General Information
Bedrooms: 13
Bathrooms: 5
Sqft: 5,888
County: Winnebago
Subdivision: FC ORIGINAL TOWN FAIRVIEW BLKS
Listed By:
Iowa Home & Land Realty
515-423-0195
No Coast MLS
MLS ID: 6339711
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835 S 7th Street, Forest City, IA 50436.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $412,000 | $412,000 | $412,000 |
| Down Payment | $82,400 | $14,420 | $103,000 |
| Monthly Mortgage Amount | $2,056 | $2,491 | $2,566 |
| Taxes | $573 | $573 | $573 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $181 | $0 |
| Monthly Estimated Total | $2,749 | $3,365 | $3,259 |