$217,500
$225,000
3.3%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 06/27/2025
Key Details
Sold Price $217,500
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 202502037
Sold Date 06/27/25
Style Two Stories
HOA Y/N No
Abv Grd Liv Area 4,104
Year Built 1888
Annual Tax Amount $1,908
Tax Year 2023
Lot Dimensions ilregular
Property Sub-Type Multi Family
Property Description
Welcome to a unique investment opportunity in the heart of West Liberty's vibrant downtown district. This impressive multi-family property combines historic charm with modern functionality, offering both commercial and residential spaces across 4,104 square feet of thoughtfully designed space. The residential portion features two upstairs apartments, making it perfect for various living arrangements. The building's sturdy brick construction speaks to its historic character while providing timeless curb appeal on its prominent corner lot location. Income potential shines here with the flexibility of 3commercial space downstairs and residential units above. The property's prime downtown location puts tenants steps away from local favorites. Whether you're an investor looking to expand your portfolio or an entrepreneur seeking a live-work arrangement, this property delivers possibilities. The building's historic character and strategic location in West Liberty's business district provide a solid foundation for various business ventures while generating rental income from the residential spaces. Experience the best of small-town living with big opportunities in this versatile property where history meets modern potential. The combination of commercial space, residential units, and prime location makes this an investment worth It
Location
State IA
County Muscatine
Zoning Commercial/Residential
Direction Located at the South West Corner of Calhoun St. and 3rd St. in West Liberty
Rooms
Basement Stone, Unfinished
Interior
Interior Features None
Heating Baseboard, Steam
Cooling Window Units, Central Air
Flooring Wood, Vinyl, Laminate
Fireplaces Type None
Appliance Range Or Oven, Refrigerator, Dryer, Washer
Laundry Upper Level
Exterior
Exterior Feature Front Porch
Parking Features On Street
Community Features Sidewalks, Street Lights, Close To Shopping
Utilities Available City Sewer, City Water
Building
Structure Type Brick,Masonry
New Construction No
Schools
Elementary Schools West Liberty
Middle Schools West Liberty
High Schools West Liberty
Others
Tax ID 0112382007
Acceptable Financing Exchange1031, Cash, Conventional
Listing Terms Exchange1031, Cash, Conventional
Special Listing Condition Standard
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Bought with Ruhl&Ruhl, Realtors