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200 2nd Street SE

Altoona, IA 50009
  • $185,000
  • STATUS: Active
  • ON SITE: 108 Days
  • MLS #: 647537
UPDATED: 31 min ago
$185,000
  • 5
    BEDS
  • 0.2
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 4,640
    SQFT
  • $40
    $/SQFT
Neighborhood:
Altoona
Type:
Multi-Family
Built:
1870
County:
Polk
Area:
Altoona

School Ratings & Info

School District:
Southeast Polk
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Description

Multi-Family w/ Commercial Retail Investment opportunity in Old Town Altoona just off the main strip.This unique property has over 2,000 sqft of Commercial Retail space on the main level as well as 2 apartments on the 2nd floor and 1 apartment on the 3rd floor with each unit having separate meters.ARV on this investment is over $550,000 with some numbers coming back over $600,000.This is a property best suited for an experienced investor as it requires a significant amount of rehab to bring it up to its true potential.

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© 2022 Des Moines Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Pennie Carroll & Associates. Data last updated: 2022-07-01T00:21:49.287.
www.penniecarroll.com/homes/126696951
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200 2nd Street SE Altoona, IA 50009

  • Price: $185,000
  • Status: Active
  • On Site: 108 Days
  • Updated: 31 min ago
  • MLS #: 647537
5
Beds
3
Baths
0
½ Baths
0.2
Acres
4,640
SQFT
$40
$/SQFT
1870
Built
Neighborhood:
Altoona
County:
Polk
Area:
Altoona
School District:
Southeast Polk
Property Description
Multi-Family w/ Commercial Retail Investment opportunity in Old Town Altoona just off the main strip.This unique property has over 2,000 sqft of Commercial Retail space on the main level as well as 2 apartments on the 2nd floor and 1 apartment on the 3rd floor with each unit having separate meters.ARV on this investment is over $550,000 with some numbers coming back over $600,000.This is a property best suited for an experienced investor as it requires a significant amount of rehab to bring it up to its true potential.
Exterior Features

Architectural Style Two Story Foundation Details Block Levels Two Road Surface Type Concrete

Interior Features

Cooling None Heating Radiant Heating YN Yes

Property Features

Gross Income 0 Lease Considered YN No Listing Terms CashConventional Lot Features Corner Lot Operating Expense 0 Property Sub Type Multi Family Sewer Public Sewer Tax Annual Amount 2171 Water Source Public Zoning C-4

Listing provided courtesy of Re/Max Revolution. © 2022 Des Moines Multiple Listing Service.
© 2022 Des Moines Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Pennie Carroll & Associates. Data last updated: 2022-07-01T00:21:49.287.
 
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Pennie Carroll & Associates
3232 Hubbell Ave
Des Moines IA, 50317