318 E Main Street, Lamoni, IA 50140
Decatur County
Key Facts
Description
20 UNITS WITH ALL ONE BEDROOM WITH LAUNDROMAT ALL REMODELED AND IN EXCELLENT CONDITION. FULL COMMERCIAL LAUNDRY . 6 WASHING MACHINES AND 8 DRYERS. ALSO INCLUDES OFFICE AND OFFICE ELEVATOR. LISTING BROKER IS OWNER OF PROPERTY. PRICED AT SUBSTANTIAL REDUCTION BUT PRICE IS FIRM.AT 35K A DOOR PLUS LAU LAMONI IOWA IS HOME TO GRACELAND COLLEGE. NO OWNER FINNANCING AND MUST HAVE PROOF OF FUNDS AND PREAPPROVAL LETTER WHEN SUBMITTING AN OFFER. Owner may consider selling with 400k down and the 300k owner financed at 7 percent only 3 year balloon. Owner must approve AND PRICE SUPER FIRM.
Property Information
Property Type
Commercial Sale
Sub-Type
Apartment
Year Built
1978
Lot Size
1.00 acres
Lot Dimensions
ONE HALF ACRE FOR 20 UNITS WHUCH INCLUDE ELEVATOR PLUS EMPTY LOT ONE HALF ACRE
Zoning
Business/Commercial
Days on Market
882
MLS® Listing#
6311422
Property Features
Heating
Parking
Construction
Utilities
Sewer
Water Source
Financial Details
HOA
Yes
WCIR
Annual Taxes
$8,192
Tax year 2022
Parcel Number
1302700538
Directions
Main Street Apartments LLC OFF EAST MAIN STREET
Affordability Calculator
$160,000
Estimated monthly payment
$4,258/mo
Principal $640,000 · Est. interest $892,857 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Lamoni, IA
- 107
- Median Days on Market
- 1,817
- Median Sq Ft
- $64
- Median Price / Sq Ft
- 4
- Active Listings
Market statistics compiled from active EXIT Realty® and MLS listings in Lamoni, IA.
Location
Points of Interest in Lamoni, IA
Showing the Lamoni area map.
Nearby Schools
Lamoni High School
Secondary · 0.3 mi away
Lamoni Elementary School
Elementary · 0.3 mi away
North Harrison
Secondary · 10.9 mi away
South Elementary School
Elementary · 12.4 mi away
North Elementary School
Elementary · 13.0 mi away
Early Head Start Building Blocks
School · 13.0 mi away
Central Decatur Community School District
School · 13.1 mi away
Diagonal Elementary School
Elementary · 13.6 mi away
Cainsville High
Secondary · 15.3 mi away
Cainsville R1 School
School · 15.3 mi away
Mount Ayr Community School
Secondary · 16.9 mi away
Mount Ayr Elementary
Elementary · 17.0 mi away
Ridgeway R-V School District
Secondary · 17.2 mi away
Mormon Trail Junior-Sr High School
Secondary · 22.0 mi away
North Mercer School
Elementary · 22.5 mi away
North Central Career Center
Secondary · 24.0 mi away
Princeton R-5 School
Secondary · 24.2 mi away
Princeton R-V School District
School · 24.2 mi away
Princeton R-V Elementary
Elementary · 24.2 mi away
South Harrison High School
Secondary · 24.2 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 28838 163rd Avenue, Lamoni, IA | $850,000 | — | — | 3,240 |
Moving Cost Estimate
EXIT Agents in Lamoni
Listing Courtesy: Power House Exclusive Real Estate Inc.
Presented by: Michael A Powers