120 N Howard Street,Indianola, IA 50125
Indianola, IA 50125
Description
Prime mixed-use investment opportunity in the heart of downtown Indianola! 120 N Howard Street features a main-level commercial space with a long-term tenant of nearly 10 years, plus three upper-level apartments consisting of two 1-bedroom units and one 2-bedroom unit. Each apartment includes a kitchen, living room and bathroom. One ground floor commercial space. Gross rent are $3,325/month. Additional income potential comes from a bonus storage space currently leased by a long-term tenant. Property features newer vinyl windows, electric baseboard heat, and separate electric and gas meters for each unit, with tenants paying their own electric and gas utilities. Landlord pays water, trash, and taxes. Located directly across from the new Warren County Courthouse and on the town square, this property offers excellent visibility and convenience near dining, nightlife, shopping, and Simpson College. Street parking available. Strong rental history and prime location make this a great addition to any investment portfolio. Call today to schedule your private showing!
Details
| MLS # | 740604 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 105 |
| Listing Provided By | Zealty Home Advisors | Ryan Rivera |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,400 |
| Basement | Y |
| Story(s) | 2 |
| Units | 3 |
| Zoning | C/MR |
| Acreage | 0.10 |
Exterior
| Lot Features | Rectangular Lot |
|---|
Taxes
| Tax Annual Amount | 3266 |
|---|
Location
| Community Features | Storage Facilities, Snow Removal |
|---|
Area Information
| State | IA |
|---|---|
| County | Warren |
| City | Indianola |
| Zip Code | 50125 |
| Area | Indianola |
| Listing VS Median (in 50125) | |
Price: $350,000 low | high Med: $354,990 sqft: 2,400 low | high Med: 1,463 $ / sqft: $146 low | high Med: $243 On site: 105 low | high Med: 694.5 | |
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Learn More About This Property
| State | IA |
|---|---|
| County | Warren |
| City | Indianola |
| Zip Code | 50125 |
| Area | Indianola |
| Listing VS Median (in 50125) | |
Price: $350,000 low | high Med: $354,990 sqft: 2,400 low | high Med: 1,463 $ / sqft: $146 low | high Med: $243 On site: 105 low | high Med: 694.5 | |
