628 Franklin St, Keokuk, IA 52632, USA

$56,000

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"Wishing Well Place" began in the 1840's as a small cottage and was enlarged in 1880 into a luxury home with large formal rooms and opulent amenities for its era. The great room measures approximately 16 ft x 27 ft offering a grand entertaining space. The large eat-in kitchen features tall ceilings and an art deco style center island, as well as access to the patio and yard and a walk-in pantry. Laundry room is on the main floor, with access to the basement. Basement has a workshop with historic old workbenches. The flexible floorplan could be utilized as a duplex for possible income or use as a multigenerational home. A 2nd generously sized kitchen is found upstairs. Historic details abound, including original stained-glass windows, original doors with elaborate hardware, and richly styled wood moldings throughout the entire home. 1920s light fixtures remain in nearly every room, adding an authentic feel to the space. Original hardwood floors are in excellent condition. An extra-large pocket door divides two upstairs rooms. The oriel window is a truly unique feature. Rehab has been started, and the home is clean and ready for your imagination. New electric service will be required however newer panels are already in place. New PEX has been run to the bathroom and will need to be attached to the fixtures. Roof is newer but the wooden eves need some carpentry work on the soffit. Overall the home is reasonably well maintained and highly original to the 1880's period, featuring elements from both the 1840's and the 1880's. Similar finished homes in the neighborhood are for sale over 200k, leaving plenty of room to rehab and build equity. The home is on a quiet street on a corner lot in a desirable part of town, surrounded by other beautiful historic homes.