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207 S Lake Street, Lake Mills, IA 50450

$165,000
  • 207 S Lake Street, Lake Mills, IA 50450 Main Photo

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New to the Market Active
MLS#6339080
STATUS PROPERTY TYPECommercial - Investment SUBDIVISIONCD SMITHS ADD

Property Description

Investment Opportunity: 8-Plex Rental Unit Alert! Ready to level up your investment game? Here's your chance to own an entire 8-plex rental unit?yes, you read that right! Featuring 6 one-bedroom apartments (perfect for those who love to keep things cozy) and 2 two-bedroom apartments (for when you need a bit more room to stretch out), this property is packed with potential. Several units have been given a fresh makeover with newer flooring and paint, just waiting for tenants to call them home! Come see the value and potential of this investment?and who knows, it might just be your new favorite purchase!

207 S Lake Street | MLS# 6339080

This commercial property located at 207 S Lake Street, Lake Mills, IA 50450 is currently listed for sale with an asking price of $165,000. Search Lake Mills real estate on www.trophypa.com today.

Property Features

Property Type: Commercial - Investment
Fuel Type: Natural Gas
Heating: Hot Water
Lot Size: 0.20 Acres
Taxes: $1,422
Year Built: 1880

Feature Descriptions

Current Use: Hotel/Motel
Days on Site: 3
Exterior: Vinyl Siding
Lot Dimensions: 66.00 x 132.00 Lot Area 0.20 Acres; 8,712 SF
Open Parking Spaces: 8
Parcel #: 0802376008
Parking: Gravel
Possible Use: Income, Motel/Hotel
Sewer: City Sewer/Connected
SQFT Building Finished: 4402
Units: 8
Utilities: Electric Common, Heating Common, Hot Water Common
Water: Public

Listed By / Shown

Listed By

Agency Name: Realty ONE Group Black Diamond
Agency Phone: 641-592-2665

Shown By

Agency Title: Trophy Properties & Auction
Agency Phone: (855) 573-5263

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