On the town squareNewer vinyl windowsStreet parking availableElectric baseboard heat
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!
77 days
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359
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8
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Zillow last checked:
Listing updated:
Listed by:
Ryan Rivera(515)554-5870,
Zealty Home Advisors,
Angela Ousley515-988-6609,
Zealty Home Advisors
Source: DMMLS,MLS#: 740604Originating MLS: Des Moines Area Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 3
Full bathrooms: 3
Heating
Baseboard, Electric
Cooling
Central Air, Window Unit(s)
Appliances
Included: Refrigerator, Stove
Features
See Remarks
Flooring: Carpet, Laminate
Basement: Unfinished
Interior area
Total structure area: 2,400
Total interior livable area: 2,400 sqft
Finished area below ground: 0
Property
Features
Levels: Two
Stories: 2
Lot
Size: 4,499 Square Feet
Dimensions: 30 x 150
Features: Rectangular Lot
Details
Parcel number: 48020120090
Zoning: C/MR
Construction
Type & style
Home type: MultiFamily
Architectural style: Two Story
Property subtype: Multi Family
Materials
Brick
Foundation: Brick/Mortar
Roof: Rubber
Condition
Year built: 1900
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Available, Natural Gas Available, Water Available
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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