205 South StMarshalltown, IA 50158

For Sale
$399,900

Iowa farmland, manufacturing potential. $399,900.

Overview

Added:
Dec 11, 2024
Days on market:
90
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.

Highlights

  • Exceptional 2,244 sq ft property at 205 W South Street, Marshalltown, IA.
  • Versatile land zoned for industrial, farm, ranch, and manufacturing uses.
  • Two identical 2,244 sq ft units, each with four bedrooms, three baths, and a double attached garage.
  • All appliances included; strong rental history with tenants paying all utilities.
  • Partial tax abatement through 2027; low owner expenses (insurance & minor repairs).

Location Insight

City
Marshalltown
County
Marshall
State
Iowa
Latitude
42.0349848
Longitude
-92.9168194
205 South St, Marshalltown, Iowa

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205 South St
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