FOR SALE

111 NW 2nd St
Stuart, IA 50250

Local Information

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  • Street View
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  • Schools
    1 High School
  • Crime
    Lowest crime relative to the rest of the area.
  • Commute
    94% of residents commute by car.
  • Shop & Eat
    6 Restaurants
    1 Groceries
    2 Nightlife

Description

Unique opportunity to have a home, business and rental income in the same building! Live in luxury in one of the 3 apartments. Front apartment is approximately 3000 sq. ft. with 17+ ceilings. This is not your average home. The two additional apartments are over 1700 sq. ft. Elevator in building to all floors. Colonial & Romanesque Revival architecture makes this building the pride of Stuart! Second floor is currently office space. It could be possible in the future to turn this floor into apartments. First floor is retail, two spaces. One is approximately 2800 sq ft. and the other is 500 sq. ft.. There is also a full basement currently being used for a business. Currently owner is using the building as his live/work space. It is his home, therefore number are not available for the investor buyer. Has potential cap rate of 15% if fully rented. Building is well maintained. Don't miss the chance to own this one of a kind property.

Home Details for 111 NW 2nd St

Year Built
1894
Parking
No Info
Price/Sqft
No Info
HOA
None
Heating
Yes
Cooling
Yes
Outdoor
No Info
Laundry
Dryer
Interior Features
Interior Details
Basement: Finished
Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 6Number of Bathrooms (full): 6
Appliances & Utilities
Utilities: Electricity Available, Natural Gas Available, Water AvailableAppliances: Dryer, Dishwasher, Microwave, Refrigerator, StoveDishwasherDryerMicrowaveRefrigerator
Heating & Cooling
Heating: Electric,Forced Air,Natural GasHas CoolingAir Conditioning: Central AirHas Heating
Gas & Electric
Has Electric on Property
Windows, Doors, Floors & Walls
Flooring: Carpet, Hardwood, Tile
Levels, Entrance, & Accessibility
Floors: Carpet, Hardwood, Tile
Security
Security: Smoke Detector(s)
Exterior Features
Exterior Home Features
Roof: Asphalt ShingleFoundation: Brick/Mortar
Frontage
Road Surface Type: Asphalt
Water & Sewer
Sewer: Public Sewer
Days on Market
Days on Market: 45
Property Information
Year Built
Year Built: 1894
Property Type / Style
Property Type: ResidentialProperty Subtype: Multi FamilyArchitecture: Other
Building
Construction Materials: Brick
Property Information
Parcel Number: 0001350400
Active Status
MLS Status: Active
Location
School Information
Elementary School District: See RemarksJr High / Middle School District: See RemarksHigh School District: See Remarks
Agent Information
Listing Agent
MLS/Source ID: 615097
Offer
Listing Terms: Cash, Conventional
Tax Information
Annual Tax Amount: $4,210Tax Legal Description: 10 L5 & 6 OF L5 & 6 & W 47' S 20' L9 OF L5 & W 2' OF L4 OF L5 & 6 BLK 10
Business
Expense
Tenant Pays: Gas
Rental
Owner Pays: Insurance, Taxes, Water
Miscellaneous
BasementZillow Home Type: MultiFamily
Last check for updates: about 13 hours ago
Listing courtesy of DeGenaro, Barbara
Hunziker & Associates, REALTOR
Source: DMMLS, MLS#615097

Price History for 111 NW 2nd St

Event DetailsPrice
03/19/2021
PriceChange
DMMLS
$500K

01/27/2021
PriceChange
DMMLS
$640K

10/02/2020
Listed For Sale
Agent Provided
$540K

07/29/2020
PriceChange
Agent Provided
$540K

05/11/2020
Listed For Sale
Agent Provided
$650K

04/20/2016
Sold
DMMLS #500904
$175K

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Price Trends

For homes in 50250
$133,941
Typical home value
This home: $499,900 73% above
$106
Typical Home Value by sqft
Price trends provided by third party data sources.

LGBT Local Legal Protections

LGBT Legal Protections updated by Movement Advancement Project
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
111 NW 2nd St, Stuart, IA 50250 is a 6 bedroom, 6 bathroom multi-family built in 1894. This property is currently available for sale and was listed by DMMLS on May 3, 2021. The asking price for 111 NW 2nd St is $499,900. The MLS # for this home is MLS# 615097.