101 S Water Street Pending

Cambridge,IA 50046

$ 295000

3 Beds

3 Baths

3625 SqFt


Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 3,625 sqft

Price per Sqft $81

MLS Listing ID 704244

Bedrooms 3

Full Baths 2

Half Baths 1

Year Built 2002

Annual Tax Amount $3,500

Tax Year 2026

Lot Size 8,049 Sqft

Property Description

Barndominium Living Meets Small-Town Charm

Discover the rare combination of barndominium-style living right in the heart of a close-knit town, where everyone knows your name, but stays out of your business. This unique property offers two spacious, updated apartments?ideal for flexible living or rental income.

On the first floor, you'll find a bright and airy one-bedroom, one-bath apartment with plenty of natural light and the convenience of in-unit laundry, including a washer and dryer. The second-floor apartment boasts two bedrooms plus a versatile bonus room (perfect as a non-conforming bedroom or office), along with a modern bathroom. Washer dryer hookups are available. Both units are move-in ready, featuring contemporary kitchens equipped with stoves, microwaves, refrigerators, and dishwashers.

Commercial buyers, car enthusiasts and hobbyists will love the garage space! A two-car tandem garage is complemented by a massive two-story workshop/garage/warehouse that can accommodate 6-8 cars or 6 trucks. There?s even an unfinished half-bath in the workshop's utility room.

This property?s zoning for both residential and commercial use offers endless opportunities. With no existing leases, you're free to rent out both apartments or live in one while renting the other. Whether you're looking for a unique home or an investment with income potential, this property offers it all.

Location

State IA

County Story

Area Cambridge

Zoning Mixed

Rooms

Ensuite Laundry Main Level,Upper Level

Interior

Laundry Location Main Level,Upper Level

Heating Forced Air,Gas,Natural Gas

Cooling Central Air

Laundry Main Level,Upper Level

Exterior

Garage Attached,Garage

Garage Spaces 4.0

Garage Description 4.0

Roof Type Metal

Building

Lot Description Rectangular Lot

Foundation See Remarks

Sewer Public Sewer

Water Public

Schools

School District Ballard

Others

Monthly Total Fees $291

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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