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312 Sycamore Street

Cambridge, IA 50046
  • $420,000
  • STATUS: Active
  • ON SITE: 42 Days
  • MLS #: 652092
UPDATED: 35 min ago
$420,000
  • 0
    BEDS
  • 1.72
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1940
County:
Area:

School Ratings & Info

School District:

Description

Here's your chance at an amazing project in the middle of town. Just minutes from Ames, Ankeny, and the Des Moines metro, Cambridge offers a great location just off I35 and minutes to anywhere in Central Iowa. This historic property was converted in the early 2000's into 10 apartments and has 5 active units on the first floor, 5 units that are close to rent ready upstairs, 3 potential units in the basement, and a 4000+ square foot gym that could be used as an event center, additional apartment units, or even garage space. The potential is limitless with 1.7 acres of well manicured grounds. Grant money and abatements may be available to qualified projects. Showings by appointment only with 24 hour notice to tenants in the first floor units.

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© 2022 Des Moines Multiple Listing Service. 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. Data is deemed reliable but is not guaranteed accurate by the MLS or Realty One Group Impact. Data last updated: 2022-06-29T11:22:11.11.
www.susiesheldahl.com/homes/128803583
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312 Sycamore Street Cambridge, IA 50046

  • Price: $420,000
  • Status: Active
  • On Site: 42 Days
  • Updated: 35 min ago
  • MLS #: 652092
0
Beds
0
Baths
0
½ Baths
1.72
Acres
1940
Built
Neighborhood:
Cambridge
County:
Story
Area:
Cambridge
School District:
Ballard
Property Description
Here's your chance at an amazing project in the middle of town. Just minutes from Ames, Ankeny, and the Des Moines metro, Cambridge offers a great location just off I35 and minutes to anywhere in Central Iowa. This historic property was converted in the early 2000's into 10 apartments and has 5 active units on the first floor, 5 units that are close to rent ready upstairs, 3 potential units in the basement, and a 4000+ square foot gym that could be used as an event center, additional apartment units, or even garage space. The potential is limitless with 1.7 acres of well manicured grounds. Grant money and abatements may be available to qualified projects. Showings by appointment only with 24 hour notice to tenants in the first floor units.
Exterior Features

Architectural Style Two Story Construction Materials Brick Foundation Details Brick/MortarPoured Levels Two

Interior Features

Basement Unfinished Basement YN Yes Cooling Window Unit(S) Heating Heat Pump Heating YN Yes

Property Features

Electric On Property YN Yes Lease Considered YN No Listing Terms CashConventional Owner Pays ElectricityGasWater Property Sub Type Multi Family Sewer Public Sewer Tax Annual Amount 5852 Utilities Electricity AvailableNatural Gas AvailableWater Available Water Source Public Zoning Mr R3

Listing provided courtesy of Re/Max Real Estate Center. © 2022 Des Moines Multiple Listing Service.
© 2022 Des Moines Multiple Listing Service. 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. Data is deemed reliable but is not guaranteed accurate by the MLS or Realty One Group Impact. Data last updated: 2022-06-29T11:22:11.11.
 
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