Sale Price $399,900 - MLS: 202404193
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 FULLY FURNISHED apartment utilized as an Airbnb. 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 Williamsburg's dynamic downtown district.
MLS #: 202404193
Sale Price: $399,900
Year Built: 1890
Sq Ft: 5321.0
Business: Medical Or Dental, Office Building, Mixed
Construction: Other
Floor Type: Carpet, Vinyl
Financing:
Utilities: Electricity Available, Natural Gas Available, Sewer Available, City Water
Acreage: 0.29
Lot: 80x160
Frontage: County Road, Paved
Energy Generation:
Heat/Cooling: Heat Pump, Steam, Central Air, Wall Units, Other
Information deemed reliable but not guaranteed
Edge Realty Group 319-351-3355 |
Listing Office: Lepic-Kroeger, REALTORS - Agent: Lexi Belland Perez - Information furnished by Iowa City Area Association of Realtors