Possible investment opportunity! Check out this huge historic building situated right next to downtown in the historic district! This 1885 gothic/victorian build is currently home to 3 rental units - each with their own separate entrances. Each unit has 2 bedrooms and 1 bathroom, beautiful woodwork and overflowing with potential! The upstairs unit boasts a large open living, dining, kitchen space with access to a loft that with some work would become a 3rd bedroom, extra living space, studio, craft, workout space - whatever you need! Tenants on month-to-month leases. Rent them all; live in one and rent the rest, or renovate the whole building - this property is bursting with possibilities!
MLS# | 6317174 |
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Listing Type | For Sale |
Style | Town House / Duplex |
Status | Active |
Year | 1885 |
Days On Site | 159 |
Listing Provided By | Ruhl & Ruhl Real Estate | Jordyn Meierotto |
SQ Feet | 3,483 |
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Garage | 3 |
Basement | Y |
State | IA |
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County | Lee |
City | Fort Madison |
Zip Code | 52627 |
Area | Lee |
Community Name | IA |
School District | 2322 - Fort Madison |
Listing VS Median (in IA) | |
Price: $153,500 low | high Med: $179,900 SqFt: 3,483 low | high Med: 1,040 $ / SqFt: $44 low | high Med: $173 On Site: 159 low | high Med: 22.000000 |