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$ 339,000
Est. payment /mo
New
527 Broad ST Story City, IA 50248
3,586 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type See Remarks
Listing Status Active
Purchase Type For Sale
Square Footage 3,586 sqft
Price per Sqft $94
MLS Listing ID 68957
HOA Y/N No
Year Built 1900
Annual Tax Amount $1,919
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type See Remarks
Source Central Iowa Board of REALTORS®
Land Area 3586
Property Description
This well-maintained commercial/ Multi Family building in Story City presents a fantastic investment opportunity with a mix of commercial and residential income. Please note that photos for two of the apartments are not pictured due to being fully occupied. Please schedule a showing to view.
The property features three leased commercial units they are a yoga studio, a business with offices, and a popular pizza restaurant, Additionally, the second story houses four apartments: three one-bedroom units and one spacious two-bedroom unit. Coin laundry is also available on the second story for tenants.
The has been recently replaced and comes with a transferable warranty and all four apartments benefit from updated and modern HVAC equipment. Both water heaters have been replaced within the last year. Three of the apartments have been renovated by the current owner, while one retains its original. Two of the commercial units have also been updated under current ownership, while the third remains original. The building features updated electrical and some updated plumbing. Separate utility meters are in place, excluding water. Several of the tenants in this building are long-term tenants.
The property features three leased commercial units they are a yoga studio, a business with offices, and a popular pizza restaurant, Additionally, the second story houses four apartments: three one-bedroom units and one spacious two-bedroom unit. Coin laundry is also available on the second story for tenants.
The has been recently replaced and comes with a transferable warranty and all four apartments benefit from updated and modern HVAC equipment. Both water heaters have been replaced within the last year. Three of the apartments have been renovated by the current owner, while one retains its original. Two of the commercial units have also been updated under current ownership, while the third remains original. The building features updated electrical and some updated plumbing. Separate utility meters are in place, excluding water. Several of the tenants in this building are long-term tenants.
Location
State IA
County Story
Zoning Comm
Body of Water Public
Rooms
Basement Full
Interior
Heating Electric
Cooling Central Air
Flooring Vinyl, Tile, Carpet
Exterior
Garage No
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
School District Roland-Story
Listed by RE/MAX REAL ESTATE CENTER
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