For Sale
$399,900

306 State St Williamsburg, IA 52361

High-yield multi-unit property with Airbnb.

Overview

Added:
Feb 3
Days on market:
79
This exceptional Williamsburg investment property offers a unique blend of income streams, boasting over 5,300 square feet on a 0.29-acre corner lot in the thriving downtown area. Extensively renovated in 2022, the property currently comprises four leased commercial spaces, generating consistent rental income. Adding to its appeal are two additional income-producing garages rented for storage. A significant advantage is the inclusion of a fully furnished, two-bedroom apartment with a full bathroom and a stackable washer/dryer (new in 2023), currently operating as a successful Airbnb. This provides a diverse revenue stream and adds significant value to the overall investment. The property's prime location in the bustling downtown district ensures high visibility and accessibility for businesses and guests alike. This turnkey investment opportunity is ideal for those seeking a diversified portfolio with strong potential for both capital appreciation and passive income generation. The recent renovations ensure a modern and attractive environment for tenants and guests, minimizing ongoing maintenance needs. This property presents a rare chance to acquire a well-established, high-performing asset in a vibrant and growing community.

Property Details for 306 State St

Property type
Investment properties
Year Built
1890
Lot Size (sq. ft)
12,632 SF

Location Insight

City
Williamsburg
County
Iowa
State
Iowa
Latitude
41.66206
Longitude
-92.01131

FAQs

What type of property is this?
Investment property - High-yield multi-unit property with Airbnb.
Where is the investment property located?
The property is located at 306 State St Williamsburg, IA.
What is the asking price?
The asking price for this property is $399,900.
How can I contact the broker?
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306 State St
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