321 9th St Active

Sheldon,IA 51201

$ 490000

6 Beds

4 Baths

8448 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Unit

Listing Status Active

Purchase Type For Sale

Square Footage 8,448 sqft

Price per Sqft $58

MLS Listing ID 827393

Bedrooms 6

Full Baths 3

Half Baths 2

Year Built 1900

Annual Tax Amount $1,860

Tax Year 2023

Lot Size 6,098 Sqft

Property Sub-Type Multi-Unit

Property Description

Outstanding Investment Opportunity in the heart of downtown Sheldon. The ground level office space consists of a reception area, conference room with french doors, 2 dedicated private offices, extra office potential, storage, 1 restroom, small kitchenette with a 1/2 bath. This space has a 3-year lease in place and rents for $1600/month. The 2nd level offers 3 studio apartments and has been completely remodeled. All 3 apartments offer 2 bedrooms, full bath, kitchen with island, appliances (refrigerator, stove, microwave, dishwasher), and a mechanical room featuring a stackable washer/dryer, hot water heater and new furnace. Currently 2 apartments have a 1 yr lease in place $1050/month.

Location

State IA

County O’brien

Area Surrounding Areas/Other Areas

Zoning URB COMM

Multi-Unit Info

Total Units 4

Unit 1 Information SqFt: 938; Bedroom: 2; Bathroom: 1; FullBath: 1

Unit 2 Information SqFt: 938; Bedroom: 2; Bathroom: 1; FullBath: 1

Unit 3 Information SqFt: 938; Bedroom: 2; Bathroom: 1; FullBath: 1

Unit 4 Information SqFt: 2816; Bathroom: 1; HalfBath: 2

Interior

Heating Forced Air

Cooling Central

Building

Sewer City

Water City

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