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Property 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, with rents currently at $725/month per unit. The commercial space rents for $740/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!
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Cooling: Central Air, Window Unit(s)
Heating: Baseboard, Electric
Home Style: Two Story
Lot Size: 0.10 Acres
Roof Type: Rubber
Stories: 2.0
Taxes: $3,266
Year Built: 1900
Amenities
See Remarks
Feature Descriptions
Appliances: Refrigerator, Stove
Community Features: Storage Facilities, Snow Removal
Days on Site: 6
Exterior: Brick
Flooring: Carpet, Laminate
Lot: Rectangular Lot
Lot Dimensions: 30X150
Parcel#: 48020120090
Security: Smoke Detector(s)
Sewer: Public Sewer
Units: 3
Utilities: Electricity Available, Natural Gas Available, Water Available
Water: Public
Local Schools
School District: Indianola
Listed By / Shown By
Listed By
Agency Name: Zealty Home Advisors
Agency Phone: (515) 329-4667
Shown By
Agency Title: Hunziker & Associates, REALTORS
Agency Phone: 515-233-4450
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Estimated Payment
$ 272.17 per month $0.00 Principal & Interest $272.17 Property Tax $0.00 Homeowner's InsuranceChange Payment Information
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120 N Howard Street | MLS# 740604
This multi-family property located at 120 N Howard Street, Indianola, IA 50125 is currently listed for sale with an asking price of call for price. N Howard Street is located within the Indianola school district. Search Indianola real estate on www.hunzikerrealty.com today.