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2520 Mount Pleasant St Burlington, IA 52601

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For Sale
$1,300,000

Prime Burlington location, multiple income streams.

Property Features for 2520 Mount Pleasant St

General Information

Property type
Mixed-use properties
Lot Size
25,700 SF

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Listing Contact
Kage Evans

Listing Agency: RE/MAX Real Estate Specialists Listing Agent: Kage Evans

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This exceptional investment property in Burlington, Iowa presents a unique opportunity to acquire a diverse portfolio of income-generating assets on a single parcel of land. The 0.59-acre site encompasses a motel, a single-family home with an attached shop, and a duplex. This provides immediate rental income potential from a variety of residential and commercial tenants. Adding to the investment appeal are two additional commercial office spaces located on separate parcels included in this sale. The combined properties offer significant potential for both short-term and long-term returns. The existing structures provide a solid foundation for immediate income generation, while the diverse nature of the properties allows for flexibility in future development or expansion. This is an ideal acquisition for investors seeking a diversified portfolio with strong cash flow potential in a desirable location. The property's multiple income streams mitigate risk and offer significant upside potential through strategic management and potential renovations or improvements. The scale of the property, encompassing both residential and commercial components, presents a rare opportunity in the Burlington market. This is a turnkey investment ready for immediate ownership and income generation. The combined properties offer a substantial return on investment, making this an attractive opportunity for experienced investors seeking a high-yield, diversified portfolio.
Property Profile Location Intelligence

Current Use by Public Records

Arrowhead Motel Hotel & Motel

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Burlington
County
Des Moines
State
Iowa
Longitude
-91.13309
Latitude
40.82547

FAQs

What type of property is this?
Mixed-use property - Prime Burlington location, multiple income streams.
Where is this mixed-use property located?
The property is located at 2520 Mount Pleasant St Burlington, IA.
What is the asking price?
The asking price for this property is $1,300,000.
More about this property
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