1080 9th Ave, Marion, IA 52302
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
Rare opportunity describes this investment property located just two blocks North of Marion’s City Square and thriving downtown. Fully occupied, this property has a large commercial space and storefront on the main floor and three residential units on the top floor. The lower level includes on-site laundry, storage, and a half bath. The main floor commercial space currently houses Janna McCalley Interiors and has been almost entirely renovated into a stunning design studio and store. The second floor includes two, one bedroom, one bath units and a studio apartment. Rents are currently set at $750 per month each for the one bedroom units; $500 for the studio apartment; and $1,334 per month for the main floor commercial space. On-site laundry generates some additional income. The lower-level secure storage room is an opportunity for additional income as well and has been rented in the past. Parking is currently included in the rent. This building has been quite well-maintained and improved by the current owners. More information available upon request.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Year built
- 1968
Interior features
- Basement
- Yes, Finished
- Laundry
- Laundry Room
Utilities
- Heating
- Natural Gas, Forced Air
- Cooling
- Central Air
- Sewer
- Public Sewer
- Water
- Public Water
Estimated monthly costs
- Electricity
- $15
- Insurance
- $400
Taxes
- Tax Annual Amount (2024)
- $4,664
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Iowa City Area Association of Realtors MLS®#: 202603443 Last checked: …
