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501 Ridgeway, #Dr
MarcusIA 51035

$1,500,000
for sale
Tools
Brochure
Size
9,888 Sq Ft.
interior
2.16 Acres
Exterior
Financial
$1,500,000
Change Currency
$152
Price Per Sqft
$7,252
Annual taxes
Listing Details
Multi Family
Property type
1979
Year Built
3204432
Web Id
815843
MLS ID
889
Days Posted

Description

501 Ridgeway,
Marcus, IA 51035

This is a 16 unit complex. Three of the units are 2 bedroom and thirteen of the units are 1 bedroom. All units share a laundry area. Location, large parking lot and a nice gazebo area are definitely a bonus for the tenants and the complex overall! There is extra green space where additional units could be built. New shingles/sheeting in 2020 and downspouts. New siding in 2020 also. Each building has 4 units and a total of 2,472 square feet per building. Eight units have been completely remodeled in 2020-2021. Included is a 12'x20' one car garage for maintenance and owner use. Units include eat in kitchen with stove and fridge, living room, 1 or 2 bedrooms and a full bath. NOTE: Buildings are all electric, there is no gas service.

This is an Active listing.

Broker Office Phone Number: 712-225-6447

Copyright © 2024Northwest Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Price History

datePricevariancetype
4/3/2023$1,500,000 6.25 %decreased
2/15/2023$1,600,000 11.11 %decreased
1/1/2022$1,800,000-Listed
Listing By: Northwest Realty Inc via Data Source: Northwest Iowa Regional Board of Realtors 
listing agent: Carl Nelson


Located at 501 Ridgeway, Marcus, Iowa 51035, this Multi Family is for Sale with a price of $1,500,000 USD. The property was built in 1979,. This listing has 9,888 Sq.Ft. of interior space on a lot of 2.16 Acres. See all Homes for Sale in Marcus.
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