3126 Magnolia Ln, Burlington, IA 52601
This exceptional single-family condominium unit in Burlington, IA, presents a unique opportunity to create your dream home. Boasting over 3,000 square feet of living space spread across two unfinished levels, this property offers unparalleled customization. The main level features a deck overlooking the Burlington Golf Club green and an extended two-car attached garage. The lower level includes a zero-step walkout patio, providing convenient access to the outdoors. High-quality features include ProVia Endure double-hung windows, ProVia entry doors, a woodgrain garage door with windows and opener, and a sizable 16' x 10' deck. Exterior highlights include durable masonry, 30-year architectural shingles, and 20-year Heartland vinyl siding and trim. The lower level is framed for a half-bath and a 14' x 14' bedroom with closet, leaving ample space for additional rooms or a recreation area. This condo offers a maintenance-free lifestyle within a small, close-knit community, complete with fire sprinklers on both levels. A choice of 3 or 10-year tax abatement is available. The 0.21-acre lot and 2018 construction ensure a modern and efficient living space. Priced at $290,000, this is an exceptional opportunity to build your ideal home in a desirable location. The property is a cold shell, allowing complete design freedom for the interior layout, flooring, cabinetry, paint, and fixtures.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.