For Sale
$598,000

540 State StMason City, IA 50401

13-Unit Apartment Building, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
109
This exceptional investment opportunity presents a 13-unit apartment building situated on a spacious 1.01-acre lot in the heart of Mason City, Iowa. The property, located at 540 E State St, boasts a desirable location along Willow Creek, offering scenic views. The complex comprises two buildings constructed in 1930 and 1977, with renovations completed in 1960. The total square footage is 10,038, with a unit mix designed to attract a diverse tenant base. This includes three one-bedroom, one-bathroom units

Highlights

  • Exceptional 13-unit apartment building investment opportunity on a 1.01-acre lot in Mason City, IA.
  • Desirable location at 540 E State St, along Willow Creek.
  • Two buildings (1930 & 1977 construction), renovated in 1960, totaling 10,038 square feet.
  • Unit mix designed for diverse tenancy, including three one-bedroom/one-bathroom units.

Property Details for 540 State St

Property type
Apartment buildings
Square Feet
10,038 SF
Year Built/Renovated
1930/1960
Buildings
1
Lot Size (sq. ft)
43,996 SF
Units
13

Location Insight

City
Mason City
County
Cerro Gordo
State
Iowa
Latitude
43.1525124
Longitude
-93.1913694
540 State St, Mason City, Iowa
Leaflet | © OpenStreetMap contributors

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540 State St
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