1204 5th Street, Nevada, IA 50201

$395,000
4
BD
3
BA
5,797
SqFt

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List Price
$395,000
Status
ACTIVE
Days on Market
20
MLS#
748017
Subtype
Residential
Style
Two Story
Architectural Style
Two Story
Year Built
1900
Bedrooms
4
Bathrooms
3
Full Baths
2
Half Baths
1
Living Area
5,797
Lot Size
16,800
Acres
0.39
MLS Area Major
Nevada

Property Description

Opportunity awaits at 1204 5th Street in Nevada, a unique and versatile property offering an incredible amount of space and possibilities in a highly visible location along Lincoln Highway. With nearly 6,800 square feet of finished space amongst all levels, multiple residential units, extensive garage space, and ample concrete parking, this property presents an exciting opportunity for an investor, business owner, or someone looking for a truly one-of-a-kind property. The expansive main level features a beautiful open wood staircase, accessible restroom, and flexible space that could accommodate a variety of office, retail, or other uses. Upstairs, the second level features two 2-bedroom apartments, providing an opportunity for rental income while utilizing the main level for another purpose. Both apartments have benefited from significant updates. The second floor also includes a shared laundry area and one unit has access to a rooftop deck. The property also includes a large finished basement with approximately 1,100 finished square feet, providing even more usable space for storage, operations, recreation, or other needs. Garage and parking space are another major highlight. The property features an approximately 1,000-square-foot attached garage with three overhead doors, along with an additional 525-square-foot detached garage. Combined with plenty of concrete parking, there is plenty of room for vehicles, equipment, tenants, etc.

Additional Information

Interior Features
Dining Area, Window Treatments
Exterior Features
Deck
Taxes
$4,140
Property Description
Two Story
Zoning
R
Flooring
Carpet, Hardwood, Vinyl
Heating
Forced Air, Gas, Natural Gas
Air Conditioning
Central Air
Stories
2
Roof
Asphalt, Shingle
Foundation
Block, Brick/Mortar
Parking Features
Attached, Detached, Garage, Three Car Garage
Garage Spaces
3
School District
Nevada

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Marc Olson with Re/max Concepts-Nevada

Data courtesy of the Des Moines Area Association of REALTORS