About This Home
This 0-bedroom, 0-bathroom commercial at 2010 E Main in Lamoni, IA is listed for $399,000. Built in 1971, on a N/A lot.
Key Features
- Built in 1971
Property Details
Lamoni Multifamily Investment Opportunity-Potential for 17 Apartments Explore the investment potential of this apartment building in Lamoni, Iowa! The property features eight finished apartments-eight one-bedroom units and one three-bedroom unit-with space for eight additional apartments, offering the potential for 17 total units.
Major improvements include a brand-new roof, a brand-new sprinkler system, and updated electrical work in finished units and rough-in electrical work in unfinished units. These upgrades provide a valuable foundation for an investor looking to complete the remaining units and expand the property's rental potential.
Located in a college town close to Interstate 35, this property combines convenient access with an opportunity to build a multifamily investment. Whether you're growing an existing portfolio or taking on your next renovation project, this Lamoni property offers room to add value and pursue long-term income potential.
Monthly Cost Estimate
$2,134/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2010 E Main
Lamoni, IA 50140
Property Details
Construction
Parking
Heating
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 2010 E Main is listed at $399,000. The estimated monthly payment is $2,134 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1971.
This property is listed by Keegan Smith and can be reached at 5153050631.