2520 Mount Pleasant St Burlington, IA 52601
- Mixed-use properties
- 0.59 lot acres
Current Use by Public Records
- Arrowhead Motel / Hotel & Motel
Property Details for 2520 Mount Pleasant St
- Lot size
- 0.59 lot acres
- Property type
- Mixed-use properties
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Burlington
- County
- Des Moines
- State
- Iowa
- Longitude
- -91.1331
- Latitude
- 40.8255
