Four- and Six-Unit Brick
206 And 212 Nw Walnut St Bridgewater, IA 50837
New
For Sale
$395,000
Brick multifamily complex on 0.83-acre lot with eight two-bedroom and two one-bedroom units.
Lot Size0.83 Acres
Days on Market3
Property Features for 206 And 212 Nw Walnut St
General Information
Standard status
Active
Lot size
0.83 Acres
Property subtype
Multi-Family
Listing Agency:
Pella Real Estate Services
(641) 780-9979
Listed By:
Stephen Patel
Source:
Kwlegacyrealty
Added: Jul 28
Changed: Jul 29
Last Checked: Jul 29 at 7:31AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pella Real Estate Services
Investment Insights
Based on property information with market context.
This well-maintained multifamily property features a 4-unit and a 6-unit brick apartment complex on a spacious 0.83-acre lot. The portfolio includes eight 2-bedroom units and two 1-bedroom units. Recent upgrades include newer roofs, soffit, fascia, gutters, 31 new windows, and the removal of five trees.
On-site laundry is currently offered free, with the ability to convert to coin-operated or tenant-billed utilities. The property is described as generating stable income with a stated 10% cap rate, and unit renovations vary by unit, which the remarks note may reduce capital improvements for a new owner. Located at 206 and 212 NW Walnut St in Bridgewater, IA 50837.
On-site laundry is currently offered free, with the ability to convert to coin-operated or tenant-billed utilities. The property is described as generating stable income with a stated 10% cap rate, and unit renovations vary by unit, which the remarks note may reduce capital improvements for a new owner. Located at 206 and 212 NW Walnut St in Bridgewater, IA 50837.
Key Highlights
- Well‑maintained brick multifamily with 4‑unit and 6‑unit apartment complex on a 0.83‑acre lot
- Unit mix includes eight 2‑bedroom units and two 1‑bedroom units
- Recent upgrades: newer roofs, soffit, fascia, gutters, and 31 new windows
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - Brick multifamily complex on 0.83-acre lot with eight two-bedroom and two one-bedroom units.
Where is this apartment building located?
The property is located at 206 And 212 Nw Walnut St Bridgewater, IA.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Well‑maintained brick multifamily with 4‑unit and 6‑unit apartment complex on a 0.83‑acre lot; Unit mix includes eight 2‑bedroom units and two 1‑bedroom units; Recent upgrades: newer roofs, soffit, fascia, gutters, and 31 new windows
