Description

This is a great time to build your investment portfolio!! Well-established income property in Lansing, Iowa, offers the best of both worlds. Four 2-bedroom apartments, along with a very popular vacation rental. The apartments are rented long-term and each features two bedrooms and one bath. Utilities, water and sewer charges are separate for each apartment. The upper level, known as 'The Lansing Loft' is a beautiful master loft with views of the Mississippi River and community of Lansing. The Loft is offered for vacation rental and occasional long-term contract. Sale price includes established marketing base and website (Lansing Loft website, vrbo listing, airbnb listing, homeaway, travel Iowa, trip advisor) to successful buyer planning to continue advertising and renting out 'The Loft'. The Loft features a large common area with pool table and plenty of gathering space. Loft is being sold furnished. Custom kitchen with generous counter\eating space. As this building was originally a church, the former bell tower has been converted into a reading nook. The custom design is a must see. Roof recently replaced. Property taxes reduced. This great property is within walking distance to the Mississippi River and many fine dining opportunities...

Details

MLS#20182609
Sub-TypeResale
StatusActive
Year1873
Days On Site31

Features

SQ Feet54,024
Units5

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Attachments

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description

Area Information

StateIA
CountyAllamakee
CityLansing
Zip Code52151
AreaAllamakee
Listing VS Median (in 52151)
Price:
$289,000
low | high
Med:
$143,700
100% of Average
SqFt:
54,024
low | high
Med:
1,520
100% of Average
$ / SqFt:
$5
low | high
Med:
$103
100% of Average
On Site:
31
low | high
Med:
50
62% of Average
Listing Updated: 06/17/2018
MLS Number: 20182609
Listing Provided By:
Barbara Smed  of  Keller Williams Legacy Group