• MLS® #: 20182609
  • 61 N 3rd Street

  • Lansing, IA 52151
  • $289,000
  • 8 Beds, 4 Bath, 6084
  • Multi-Unit

This is a great time to build your investment portfolio! Well-established income property in Lansing, Iowa, offers the best of both worlds. Four 2-bedroom apartments, along with a very popular vacation rental. The apartments are rented long-term and each features two bedrooms and one bath. Utilities, water and sewer charges are separate for each apartment. The upper level, 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. Custom kitchen with generous counter/eating space. As this building was originally a church, the former bell tower has been converted into a reading nook. The custom design is a must see. Roof recently replaced. This great property is within walking distance to the Mississippi River and many fine dining opportunities.

Essential Information

  • MLS® #20182609
  • Price$289,000
  • Bedrooms8
  • Bathrooms4.00
  • Square Footage6,084
  • Acres0.00
  • Year Built1873
  • TypeMulti-Unit
  • Gross Tax$5,757
  • Sub-TypeFive or More Units
  • StatusActive

Community Information

  • Address61 N 3rd Street
  • AreaAllamakee
  • CityLansing
  • StateIA
  • Zip Code52151

Amenities

  • ParkingOn Street
  • GaragesNone

Interior

  • CoolingWall Unit

Exterior

  • ExteriorStone, Wood Lap
  • RoofAsphalt

School Information

  • ElementaryAllamakee
  • MiddleLansing
  • HighLansing

Additional Information

  • Date ListedMay 17th, 2018
  • Days on Market405
  • ZoningR-1

Provider

  • Agent: Barbara Smed
  • Office: Keller Williams Legacy Group
Need More Info?

Melissa Jorgensen

319-404-3489
Get a Pre-Approved Mortgage

Bill Tye

319.553.3743

Property Location

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The IDX information being provided by the Northeast Iowa Regional Board of REALTORS® is exclusively for consumers' personal, non-commercial use, and it 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 June 26th, 2019 at 5:38pm CDT.