Income-producing mixed-use investment opportunity located on the historic town square in Bloomfield, Iowa. This property features six residential apartments plus a commercial/retail space, providing multiple income streams from one property. The residential units and commercial space are currently occupied, offering established rental income for an investor. The property offers a prominent downtown location surrounded by established businesses and within walking distance of shopping and services. Bloomfield is also a short drive from Ottumwa, providing convenient access to a larger regional market. The building offers historic character, including a built-in vault and unique architectural features. This property is being offered through an online real estate auction. Property sells AS-IS, WHERE-IS and is subject to seller confirmation. 10% Buyer's premium applies. $10,000 earnest money is due within 24 hours following seller confirmation, with closing within 30 days unless otherwise agreed in writing. Property is occupied; showings are by appointment only with advance notice. Do not disturb tenants. Rent roll and additional property information are available upon request.
Listing courtesy of Rusty Admire with Admire Real Estate and Auction