206 W Erie St, Missouri Valley, IA 51555
- $300,000
- 5,000
- SqFt
- List Price
- $300,000
- Status
- ACTIVE
- Days on Market
- 112
- MLS#
- 26-990
- Subtype
- MultiFamily
- Year Built
- 1904
- Living Area
- 5,000
- Neighborhood
- Mo Valley/Logan
- MLS Area Major
- Mo Valley/Logan
Property Description
Downtown Missouri Valley mixed-use investment opportunity! This property features approximately 2,500 sq. ft. of commercial frontage space on the main level and four remodeled one-bedroom apartments upstairs. All apartment units are leased and occupied, providing immediate rental income. Renovated in 2022, each unit includes all appliances, including washers and dryers. The commercial space offers excellent visibility and value-add potential, creating an opportunity to increase cash flow. A turnkey investment with stable income, modern updates, and room for future growth in a prime downtown location.
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Additional Information
- Appliances
- Refrigerator, Range, Washer, Dryer
- Roof
- Flat
- Elementary School
- Missouri Valley
- Middle School
- Missouri Valley
- High School
- Missouri Valley
Mortgage Calculator
Listing courtesy of The Cook Team with NextHome In The Bluffs