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(712) 307-7134
Arrowhead Realty Co. LLC
102 S Main Street, Leon, IA 50144
- $250,000
- 28
- BD
- 15,651
- SqFt
- List Price
- $250,000
- Status
- ACTIVE
- Days on Market
- 254
- Price Change
- ▼ $170,000 1792011554
- MLS#
- 734599
- Subtype
- Multi Family
- Short Sale
- Yes
- Style
- Three Story
- Architectural Style
- Three Story
- Year Built
- 1920
- Bedrooms
- 28
- Living Area
- 15,651
- Lot Size
- 17,640
- Acres
- 0.41
- MLS Area Major
- Leon
Property Description
SHORT SALE – ALL OFFERS WILL BE CONSIDERED! Opportunity awaits at 102 S Main Street in downtown Leon! This three-story, 24-unit apartment building offers significant redevelopment and value-add potential for an investor ready to take on a substantial renovation project. Featuring a mix of studio, one-, two-, and three-bedroom apartments, four garages, and shared laundry facilities, the property offers an opportunity to restore and reposition an established downtown building. The property has experienced declining occupancy and significant deferred maintenance, including roof concerns and water damage. Substantial repairs and improvements are needed, and buyers should evaluate the property accordingly. Sold AS IS. All offers subject to seller acceptance and final lender approval. Showings by appointment only. Please do not disturb tenants.
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Additional Information
- Taxes
- $5,902
- Property Description
- Three Story
- Zoning
- Mul R
- Flooring
- Carpet, Vinyl
- Appliances
- Cooktop, Dryer, Refrigerator, Stove, Washer
- Heating
- Electric, Forced Air, Gas, Hot Water, Natural Gas
- Air Conditioning
- Window Unit(s)
- Stories
- 3
- Roof
- Rolled/Hot Mop
- Foundation
- Block
- Parking Features
- Detached, Garage
- Garage Spaces
- 4
- School District
- Central Decatur
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Listing courtesy of Sandy Delzell with Iowa Realty Indianola
Data courtesy of the Des Moines Area Association of REALTORS