For Sale: Investment House in Ottumwa

[khardbored]

Hi Fellow Fanatics,

I'm the trustee of a house in Ottumwa for sale. Figure can't hurt to post it here. Would be a good investment -- beautiful exterior, right on the golf course. Inside is a little dated (1970's / 80's stylistically). Would be an excellent find for an investment property / rental.

Feel free to DM me, or you can go thru the realtor.

LINK TO LISTING IS HERE

 

[ISUATC]

Phone next to the crapper. Must've been a big fish in O'town!

 

[Dr.bannedman]

***TOM ARNOLDS CHILDHOOD HOME***

sold in 10 min

 

[scyclonekid]

But it’s in Ottumwa

 

[JM4CY]

***TOM ARNOLDS CHILDHOOD HOME***

sold in 10 min

No one needs to live in a place splatter with Tom Arnolds DNA

 

[2020cy]

I had a feeling this wasn't going to go well.

 

[ISUTex]

One major problem with this house. I think we all know what it is. Love the vacuumed carpets though. The basement is pure gold.. Don't change it (whoever buys it).

 

[alarson]

Would you trade for a chizik coin?

 

[Gunnerclone]

Anyone ever played that golf course?

 

[CloneGuy8]

 

[SEIOWA CLONE]

Anyone ever played that golf course?

That would be the Ottumwa Country Club, it was purchased a couple years ago by a few people after the previous group had run it into the ground. I went to HS with one of the owners, but I have never taken him up on his offer to golf there. Guy is a huge EIU booster, and they hold their annual EIU booster meet the Squawks at the course.

Really that side of Ottumwa is not a bad place to live, close to IHCC, bars and BBQ close by, but you are in Ottumwa.

 

[deadeyededric]

The clay floors in some of the rooms are sweet!

 

[NWICY]

Nice place.

 

[khardbored]

But it’s in Ottumwa

It's my understanding that some people do still live there!

In somewhat seriousness, Ottumwa is a very nice town in some regards, with lots of character. Especially that NE part of town around the county club and Indian Hills, there are some nice neighborhoods. Of course, like many mid-sized regional hubs in the midwest, it's middle class is not what it once was.

There are still some good employers (like John Deere -- not as many workers as in the hayday) and the community college, though.

 

[Dr.bannedman]

why not update with about 10k and sell for 250k???

 

[NWICY]

why not update with about 10k and sell for 250k???

Well by golly looks like you can make a quick profit if you so choose.

 

[Dr.bannedman]

Well by golly looks like you can make a quick profit if you so choose.

I'm just saying. I think 10k in paint and flooring would spruce this baby up. i like the house but will never move back to iowa

 

[Cycsk]

One major problem with this house. I think we all know what it is. Love the vacuumed carpets though. The basement is pure gold.. Don't change it (whoever buys it).

What "one major problem?" Is there a cryptic Hokeye logo hidden somewhere?

 

[SCNCY]

Phone next to the crapper. Must've been a big fish in O'town!

While we did not view the house, we saw pictures of a house with a toilet in the kitchen, no door.

 

[Pat]

I'm just saying. I think 10k in paint and flooring would spruce this baby up. i like the house but will never move back to iowa

I am 100% ignorant of the Ottumwa housing and contracting market, but $10k translates to less than $4/sqft installed to redo the floors on the main level only. I think you’re low, and I don’t think it would make $40k in price difference.