Sale Price $129,900 - MLS: 202507282
Welcome to an exceptional investment opportunity in the charming town of Letts, IA! This unique property is located on a prominent corner lot, blending commercial and residential potential effortlessly. Currently housing multiple tenants, this versatile space guarantees immediate income. One of its standout features is a secured 5-year agreement with the United States Postal Service, providing stability and reliable revenue. The building offers separate entrances for each unit, ensuring privacy and convenience for occupants. Whether you're looking to expand your portfolio or establish your business on prime real estate, this property caters to diverse needs. Each tenant covers their own utilities, minimizing overhead costs and enhancing net returns. Positioned in the heart of Letts, this property benefits from high visibility and foot traffic while maintaining a tranquil small-town vibe.
MLS #: 202507282
Sale Price: $129,900
Year Built: 1900
Sq Ft: 1875.0
Business: Office Building, Other
Construction: Brick
Floor Type: Vinyl
Financing:
Utilities: Electricity Available, Phone Available, City Water
Acreage: 0.04
Lot: 25x75
Frontage: County Road
Energy Generation:
Heat/Cooling: Natural Gas, Forced Air, Central Air
Information deemed reliable but not guaranteed
 | Edge Realty Group 319-351-3355 |
Listing Office: Attain RE - Agent: Brandon Rudkin - Information furnished by Iowa City Area Association of Realtors