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2215 250Th St Washington, IA 52353

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For Sale
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Six-unit apartment complex with income potential near Washington County Fairgrounds.

Building Details

Year built
1952

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Listing Contact
Peter Schwartz
Source: Kw

Listing Agent: Peter Schwartz

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

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Property Insight Report

Overview

Multifamily Property Near Washington County Fairgrounds

This six-unit multifamily property, constructed in 1952, is located directly behind the Washington County Fairgrounds. The 4,189-square-foot apartment complex includes units numbered 2 through 7, featuring a mix of one- and two-bedroom layouts. Unit 2 has two bedrooms and one bathroom. Unit 3 has two bedrooms and two bathrooms. Units 4 and 5 each have one bedroom and one bathroom. Unit 6 has two bedrooms and one bathroom, but no living room, and is rented for $700 per month. Unit 7 has one bedroom and one bathroom and is rented for $675 per month. All units are currently tenant-occupied on month-to-month leases. A shared on-site laundry space generates an additional $400 to $500 per month in income. The property includes substantial green space behind the building, offering tenant appeal and possible future development options. The property offers potential for value-add improvements and cosmetic updates. Interior photos are available upon request of Units 3, 5, 6, and 7 to verify layout. Units 2 and 4 are very similar.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Glanceworthy Photography Photography Service

Suggested Use

Restaurant Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Nail Salon Hotel & Motel Pharmacy

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

Location Insight

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  • Local Demand
City
Washington
County
Washington
State
Iowa
Longitude
-91.713023
Latitude
41.293814

FAQs

What type of property is this?
Apartment building - Six-unit apartment complex with income potential near Washington County Fairgrounds.
Where is this apartment building located?
The property is located at 2215 250Th St Washington, IA.
What are key features of this property?
This property features: - Fully rented 6-unit multifamily property provides immediate cash flow.; - Prime location directly behind the Washington County Fairgrounds.; - Potential for value-add improvements and cosmetic updates for long-term appreciation.
More about this property
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