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Downtown Missouri Valley mixed-use investment opportunity! This property features approximately 2,500 sq. ft. of commercial frontage space on the main level and four remodeled one-bedroom apartments upstairs. All apartment units are leased and occupied, providing immediate rental income. Renovated in 2022, each unit includes all appliances, including washers and dryers. The commercial space offers excellent visibility and value-add potential, creating an opportunity to increase cash flow. A turnkey investment with stable income, modern updates, and room for future growth in a prime downtown location.
| blank | Principal | Taxes | INS / PMI | Other | Total |
|---|---|---|---|---|---|
| Monthly | $1,801.39 | $298.17 | $334.75 | $0.00 | $2,434.31 |
| Yearly | $21,616.68 | $3,578.04 | $4,017.00 | $0.00 | $29,211.72 |
| Total | $648,500.40 | $107,341.20 | $81,636.00 | $0.00 | $837,477.60 |
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206 E Erie Street , Missouri Valley, IA 51555.
206 E Erie Street | MLS# 22614258
This multi-family property located at 206 E Erie Street , Missouri Valley, IA 51555 is currently listed for sale with an asking price of $300,000. E Erie Street is located within the Other school district. Search Missouri Valley real estate on www.npdodge.com today.