Bought with Burke Steven • Burke Real Estate
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454 N Miller ST Lime Springs, IA 52155
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Key Details
Sold Price $750,000
Property Type Multi-Family
Sub Type Multi-Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 9,912 sqft
Price per Sqft $75
MLS Listing ID 20241664
Sold Date 07/01/24
Style One Story
Year Built 1994
Annual Tax Amount $3,486
Lot Size 1.580 Acres
Acres 1.58
Lot Dimensions 132' X 330'
Property Sub-Type Multi-Family 5+
Property Description
Here is the opportunity you have been waiting for! This 15 unit apartment building was constructed in 1994 and has been maintained very well. Each unit is 1 bed – 1 bath and has electric heating/ cooling paid by tenant. The apartments have interior and exterior entrances. The property has updated surveillance and smart locks that can be controlled remotely. Owners replaced the roof in 2021 and updated landscaping in 2023. Other updates include common area and hallway flooring, central fire alarm and emergency lighting. Owners provide water, sewer, garbage, internet, lawn care and snow removal. Coin operated laundry is located in the building. A lit sidewalk borders the building with access to both paved parking lots. A small storage shed is included for maintenance supplies. Lime Springs is a growing community located in Northeast Iowa. There is currently a housing shortage in the area. This property is fully occupied with a waiting list.
Location
State IA
County Howard
Zoning R-3
Rooms
Basement None
Interior
Heating Electric
Cooling Electric
Fireplace N
Laundry 1st Floor, In Kitchen
Exterior
Parking Features Parking Space, Paved, None
Utilities Available Elec Individual Meters
View Y/N true
Roof Type Asphalt
Building
Sewer City Sewer
Water City
Structure Type Brick
Schools
Elementary Schools Howard Winneshiek
Middle Schools Howard Winneshiek
High Schools Howard Winneshiek
Others
Acceptable Financing NBR20241664
Listing Terms NBR20241664
Special Listing Condition Normal Sale
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