Our Listings

Search the Entire MLS

Browse every listing in the region — powered by the live MLS feed

17 W 4th Street, Atlantic, Iowa 50022

IA, Atlantic
$399,000
  • 0.13 Acre
  • Commercial Sale Property Type
  • 1940 Year Built
  • Active Status
Property Description

INVESTMENT OPPORTUNITY NEAR MAIN STREET IN ATLANTIC! This apartment complex offers an income-producing opportunity with numerous improvements already completed and additional potential for the next owner. Updates include a new roof within the last 5 years, new electrical breakers, fresh paint in most apartments, new flooring and appliances in select units, new paint and carpet in the hallways, and several new entry doors. Three apartments have also been remodeled and reconfigured into two 2-bedroom apartments and one 3-bedroom apartment, providing desirable rental options. Utilities are separated to each renter, helping ownership manage operating expenses. The basement was formerly used as a retail storefront and is currently open and ready for its next use. This additional space offers the potential for future commercial, rental, storage, office, or other income-producing opportunities, subject to any required approvals. Located near Atlantic’s Main Street, tenants are close to downtown amenities, shopping, dining, and community conveniences. Updated where it matters. Income-producing. Room to grow. And plenty of potential for the investor with a vision. Bring your investment strategy and take a look at what this property could become!

Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 6342246
  • Price: $399,000
  • Year Built: 1940
  • Lot Area: 0.13 Acre
  • Status: Active
  • Office Name: Atlantic Home Realty
  • Agent Name: Tiffany South
  • Property Sub Type: Apartment
Features
  • Heating System Forced Air
  • Parking Gravel,Additional Parking,On Street
  • Sewer City Sewer/Connected
  • Utilities Heating Common,Hot Water Common,Electric Common
Address Map
  • Country US
  • State IA
  • County Cass
  • City Atlantic
  • Zipcode 50022
  • Street: 4Th
  • Street Number: 17
  • Street Suffix: Street
  • Longitude: W96° 59' 9.5''
  • Latitude: N41° 24' 24.4''
  • Directions: from Highway 6 turn north onto Chestnut Street, turn west on 4th street. Building is on the south side of the street.
  • Street Dir Prefix: W
Additional Information
  • Accessibility Features: Other
  • Construction Materials: Brick
  • Current Use: Residential
  • Lot Size Dimensions: 5, 717 sf
  • Number Of Units Total: 11
  • Possible Use: Other
  • Previous Price: 399000
  • Water Source: Public
Financial
  • Tax Annual Amount: 6652
Map
Contact Agent
AJ Brown
A.J. Brown
Land & Farm Realtor
Phone: 641-680-9944
Fax: 641-664-3520

This field is for validation purposes and should be left unchanged.
This field is hidden when viewing the form

Similar Properties