207 S Lake ST, Lake Mills, IA 50450
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207 S Lake ST, Lake Mills, IA 50450
207 S Lake ST, Lake Mills, IA 50450
207 S Lake ST, Lake Mills, IA 50450
207 S Lake ST, Lake Mills, IA 50450
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Listed by Marisa Koppen Realty ONE Group Black Diamond
$ 150,000
Est. payment /mo
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207 S Lake ST Lake Mills, IA 50450

8,712 Sqft Lot


UPDATED:

Key Details

Property Type Commercial

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Cd Smiths Add

MLS Listing ID NOC6339080

Year Built 1880

Annual Tax Amount $1,422

Tax Year 2024

Lot Size 8,712 Sqft

Acres 0.2

Lot Dimensions 66.00 x 132.00 Lot Area 0.20 Acres; 8,712 SF

Property Sub-Type Apartment

Property Description

Investment Opportunity: 8-Plex Rental Unit Alert! Ready to level up your investment game? Here's your chance to own an entire 8-plex rental unit—yes, you read that right! Featuring 6 one-bedroom apartments (perfect for those who love to keep things cozy) and 2 two-bedroom apartments (for when you need a bit more room to stretch out), this property is packed with potential. Several units have been given a fresh makeover with newer flooring and paint, just waiting for tenants to call them home! Come see the value and potential of this investment—and who knows, it might just be your new favorite purchase!

Location

State IA

County Winnebago

Direction Center of town, North of Salem Church

Interior

Heating Hot Water

Exterior

Parking Features Gravel

Utilities Available Electric Common, Heating Common, Hot Water Common

View Y/N true

Accessibility None

Total Parking Spaces 8

Building

Sewer City Sewer/Connected

Water Public

Structure Type Vinyl Siding

Schools

School District 3420 - Lake Mills

Others

Energy Description Natural Gas

Acceptable Financing NOC6339080

Listing Terms NOC6339080


NEARBY SCHOOL & BUSINESS

Amber Lesnick

Amber Lesnick

Managing Broker/Owner

+1(515) 229-3402

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207 S Lake ST