61 N 3rd Street, Lansing, 52151

Multi-Unit - Five or More Units For Sale

$289,000

8Beds
4Baths
6,240Sqft
1873Built
MLS® #: 20182609
Active

Have you been searching for a solid investment property that also allows you to enjoy a vacation get-away of your own? Check this out! Formally a large church located in Lansing, Iowa, this property has been converted into four spacious 2-bdrm apartments, while a year-round vacation rental occupies the entire upper level. The apartments are rented long-term; utilities, water and sewer charges are separate for each apartment. The upper level, well known as 'The Lansing Loft' is a beautiful master loft with views of the Mississippi River and community of Lansing. The Loft is offered for vacation rental and occasional long-term contract. Sale price includes established marketing base and website (Lansing Loft website, vrbo listing, airbnb listing, homeaway, travel Iowa, trip advisor) to successful buyer planning to continue advertising and renting out 'The Loft'. The Loft features a large common area with pool table and plenty of gathering space. Loft is being sold furnished, with the exception on several personal items. Custom kitchen with generous counter/eating space. As this building was originally a church, the former bell tower has been converted into an adorable reading nook. The custom design is a must see. Recent updates include roof replacement and exterior painting. Apartments have been continually updated throughout the years. Located in Lansing, Iowa – a Mississippi River Community with easy river access, beautiful views, Mt. Hosmer, the Driftless Center, hunting, hiking, bird watching, kayaking, canoeing, boating, fishing, along with enjoying eclectic shops and cafes up and down the main streets. Pool 9 of the Mississippi River has some of the best fishing and boating opportunities on the river. Wonderful for year-round activities or as a vacation destination.

Essential Information

MLS® #: 20182609
Price: $289,000
Bedrooms: 8
Bathrooms: 4.00
Square Footage: 6,240
Acres: 0.00
Year Built: 1873
Type: Multi-Unit
Sub-Type: Five or More Units
Status: Active

Community Information

Address: 61 N 3rd Street
Area: Allamakee
City: Lansing
State: IA
Zip Code: 52151

Amenities

Parking: On Street
Garages: None

Interior

Heating: Electric
Cooling: Wall Unit

Exterior

Exterior: Stone, Wood Lap
Roof: Asphalt

School Information

Elementary: Allamakee
Middle: Lansing
High: Lansing

Additional Information

Zoning: R-1

Listing Details

Listing Agent: Barbara Smed
Listing Office: Keller Williams Legacy Group

Financials

$/SqFt: $46

IDX Data comes from Northeast Iowa Regional Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

Listing information last updated on October 14th, 2019 at 5:22am CDT.