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About This Home

This 2-bedroom, 2-bathroom single family at 306 W State Street in Williamsburg, IA is listed for $315,000 ($59 per sqft). Built in 1890, the home offers 5,321 sqft of living space on a 0.29 acres lot.

Agent Description

Explore this exceptional income-producing investment opportunity in the heart of the vibrant community of Williamsburg. Boasting over 5,300 square feet of space and strategically located on a corner lot in the bustling downtown district, this property offers immense potential for entrepreneurs and investors alike.

EXTENSIVELY renovated in 2022, this property has been updated to offer a modern and accommodating environment for businesses and tenants. Currently, the property features four leased spaces for businesses, two garages rented for storage and a upper level apartment.

The apartment includes two bedrooms, a full bathroom with stand-up shower, and essential appliances, including a stackable washer and dryer that were newly installed in 2023. This cozy living space provides a comfortable and convenient retreat for guests, making it a sought-after choice for short-term rentals.

With its diverse income streams, prime location, and recent renovations, this property represents a compelling investment opportunity. Whether you are looking to expand your portfolio, generate passive income, or capitalize on the thriving local market, this property is a must-see that promises both versatility and profitability. Don't miss out on the chance to own this exceptional income-generating asset in the heart of Will

Key Features

  • Built in 1890
  • 0.29 acre lot

Property Details

1 full, 1 half
1890

Monthly Cost Estimate

$1,685/mo

20% down · 6.5% · 30 years

Principal$228
Interest$1,365
Insurance$92

Estimates only. Actual payments may vary.

Location

306 W State Street

Williamsburg, IA 52361

Features & Amenities

Interior Features

EntrancefoyerElevatorZerostepentryBreakfastareaKitdiningrmcomb

Exterior Features

Frontporch

Property Details

Flooring

CarpetVinyl

Construction

Brick

Parking

Garage

Heating

Heat Pump (Heating)Steam

Cooling

Ceiling Fan(s)Central AirMulti UnitsWindow Unit(s)

Appliances

DryerMicrowaveOvenRangeRefrigerator

Questions & Answers

This 2-bedroom, 2-bathroom single family at 306 W State Street is listed at $315,000 ($59/sqft). The estimated monthly payment is $1,365 based on 20% down at 6.5% interest.

Key features include: Built in 1890, 0.29 acre lot. Interior Features: Entrancefoyer, Elevator, Zerostepentry. Exterior Features: Frontporch.

This property is listed by Lexi Belland Perez and can be reached at 3195301055 or thebellandteam@gmail.com.

LP

Lexi Belland Perez

Agent at Lepic-Kroeger, REALTORS

(319) 530-1055

Listed by Lepic-Kroeger, REALTORS · View on Broker Site

MLS# 202600376· Source: listhub· Updated 139 days ago

Copyright © 2026 Iowa City Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

306 W State Street, Williamsburg, IA 52361

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