Commercial Investment Opportunity in Lamoni, IA

Overview

  • Updated On:
  • April 10, 2024
  • 3,648.00 ft2
  • acre symbol
  • 0.49 acres

Commercial Investment Opportunity in Lamoni, Ia

$ 390,000
413 E Main St,
Favorite

Description

It's not often an opportunity to own a 6-unit apartment complex comes along! This 6-plex has impressive income and has had a good rental history. With a whopping $50,520 of income per year, this property offers an excellent investment opportunity! It consists of four 2-bedroom, 1-bathroom units, and two 3-bedroom, 1-bathroom units.

Additionally, there are storage areas in the basement that are currently rented out to tenants and a community laundry area. 

Features of the Property Include:

  • 11 parking spaces on asphalt lot
  • 6 total units
  • Four 2-bedroom, 1-bathroom units
  • Two 3-bedroom, 1-bathroom units
  • $50,520 of income per year
  • Great location
  • 4 newer AC units and furnaces
  • Individually metered units

 

PROPERTY FEATURES:

Lamoni IA 6-Plex For Sale
Apt. Complex in Lamoni IA
Iowa Commercial Investment
Commercial Property
Investment & Income

Address: 413 E Main St
City:
State/County:
Zip: 50140
Country: United States
Open In Google Maps
Property Id : 117026
Price: $ 390,000
Property Size: 3,648.00 ft2
County: Decatur County
Lot Size (AC): 0.49000
Year Built: 1964
Listing ID: 24100-76810
Office ID: 4405
Listing Address: 413 E. Main Street

Nelson, Tony

United Country - Nelson Real Estate & Auction Company
Call Office660-425-2288
Call Mobile660-373-1233

Contact Me

Call 660-373-1233 WhatsApp

Compare Listings

Nelson, Tony