c. 1900 Iowa Colonial Revival With Unpainted Woodwork $48K

OHU50K Notes $48,000

c. 1900 Iowa Colonial Revival With Unpainted Woodwork. Nice fixer upper with enclosed porch.

Porch featured at 1105 Gilbert St, Charles City, IA, 50616

Realtor Comments

Investment potential! 1105 Gilbert Street offers a strong location and appeal for those looking to invest in real estate. Zoned in a B-3 district, this property offers a wide range of investment potential with both business and residential uses allowed. The house itself offers 3 beds, 1.5 baths and 1,492 SqFt of above grade living space. Classic woodworks and hardwood floors give the home a charm and appeal, but could use some TLC. The main level features a large living room, formal dining room, kitchen, half bath, and two enclosed porches (1 in the front and back). Upstairs you will find 3 bedrooms and a full bath, plus built in cabinets. A fenced-in backyard provides your own space to enjoy and relax outside. Come tour this property today to envision the potential for your next home, business, or unique property use!

3 bed
1.5 bath
Build date 1900

If interested in a property, pleases contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.

1105 Gilbert St, Charles City, IA 50616 $48,000

Contact Realtor: Alannah Richards
Google Map
Niche

Pros

1. Affordable housing

Home prices are generally well below the U.S. average.
Property taxes can be offset by the relatively low purchase prices of homes.
Good value for buyers looking for larger lots or older homes with character.

2. Small-town community

Residents often describe Charles City as friendly and community-oriented.
Local events, school activities, and civic organizations play an important role in town life.

3. Access to outdoor recreation

The Cedar River provides opportunities for kayaking, fishing, and boating.
Nearby parks, trails, and recreational facilities support an active lifestyle.
The city has invested in riverfront improvements and trails.

4. Stable regional economy

Manufacturing remains an important employer.
Healthcare, education, agriculture, and local businesses also provide jobs.
Economic conditions tend to be more stable than in some smaller rural communities.

5. Less traffic and congestion

Commuting is easy and short.
Parking is generally plentiful and inexpensive.

6. Reasonable access to larger cities

Within driving distance of Mason City and Rochester.
Residents can access larger shopping centers, specialized healthcare, and additional entertainment without living in a large metro area.

Cons

1. Limited job diversity

Manufacturing and healthcare dominate the local economy.
Opportunities in fields such as technology, finance, and specialized professional services are limited.

2. Cold winters

Winters can be long, snowy, and windy.
Snow removal and winter driving are regular parts of life.

3. Limited entertainment options

There are local restaurants, events, and recreation opportunities, but fewer choices than in larger cities.
Residents often travel for major concerts, professional sports, or broader dining options.

4. Population challenges

Like many rural Midwestern communities, Charles City has experienced periods of population decline and slower growth.
Some young adults leave for education and career opportunities elsewhere.

5. Flooding history

Because of its location on the Cedar River, Charles City has experienced significant flooding in the past.
Modern flood mitigation efforts have reduced risk, but it remains a consideration for some properties.