402 Goode St Bloomfield, IA 52537
This stunning Queen Anne-style home, built in the early 1900s, presents a unique mixed-use investment opportunity in Bloomfield, Iowa. Boasting 6,633 square feet of space, this property offers substantial potential as a bed and breakfast or multi-family rental. The main house features a grand foyer, formal dining room with built-in china cabinet, a large family room, piano room, and a fully remodeled kitchen (2008) with updated appliances. Upstairs, you'll find a spacious primary bedroom with a private bath including a jetted tub and tiled shower, plus four additional bedrooms and two more full bathrooms. A third floor provides a seventh bedroom, family room, full bath, recording studio, and ample storage. The property sits on over an acre of land, complete with beautiful landscaping, a lily pond, a detached one-car garage/workshop, and a structurally renovated barn with period-correct windows. The asking price is $489,000, translating to $73.72 per square foot. The property is currently available for occupancy on November 1, 2024. This exceptional property offers a rare chance to own a piece of Davis County history and capitalize on its significant income potential. The property is zoned for mixed-use and multifamily occupancy. The address is 402 Goode St, Bloomfield, IA 52537.
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Cap rate
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