Current Use by Public Records
- Land
Property Details for 205 South St
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 2,244 square foot property located at 205 W South Street, Marshalltown, IA 50158, presents a unique investment opportunity. Classified as land, industrial, farm, ranch, and manufacturing, this versatile property offers significant potential. The property features two identical, fully finished 2,244 square foot units, each boasting four bedrooms and three bathrooms. Each unit includes a double attached garage. All appliances are included in both units. Currently, the property enjoys a strong rental history, with tenants responsible for all utilities. The owner's expenses are limited to insurance and minor repairs. A significant advantage is the partial tax abatement extending through 2027. This property is ideally suited for investors seeking a strong return or an owner-occupant looking to lease one unit while residing in the other. The property's location in Marshalltown, Marshall County, Iowa, offers easy access to local amenities and transportation routes. This versatile property is ready for immediate income generation or future development. Contact us today to explore this exciting opportunity.
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
- Marshalltown
- County
- Marshall
- State
- Iowa
- Longitude
- -92.9168
- Latitude
- 42.035
