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About This Home
This 2-bedroom, 1-bathroom single family at 328 E Main Street in Ottumwa, IA is listed for $415,000 ($119 per sqft). Built in 1880, the home offers 3,502 sqft of living space on a 0.16 acres lot.
2 Building Bundle! Charming Two-Story Brick Building in Downtown Ottumwa! This versatile property features an income-ready retail space and a bar/eatery layout on the first floor, ideal for a low-risk cafe or breakfast spot (no open flame required for lower overhead!).
The second floor boasts a ready-to-rent or live in two-bedroom, one-bathroom apartment, with potential monthly rental income of $2,500. There's also an opportunity to add a rear deck for even more appeal! These buildings are being sold as a package with the adjacent vacant three-story brick building at 314 E Main, offering endless possibilities.
Imagine a two-level penthouse apartment with an open concept for the ultimate downtown living experience! The first floor can be transformed into a retail shop, such as a pet store, a gift shop, children's bookstore, or even a small office space. Design proposal in the disclosures. Don't miss out on this unique opportunity to own a piece of downtown Ottumwa with endless potential! Call to Schedule your showing today
Key Features
- Built in 1880
- 0.15 acre lot
Property Details
Amenities
Monthly Cost Estimate
$2,220/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
328 E Main Street
Ottumwa, IA 52501
Property Details
Construction
Heating
Cooling
Questions & Answers
This 2-bedroom, 1-bathroom single family at 328 E Main Street is listed at $415,000 ($119/sqft). The estimated monthly payment is $1,798 based on 20% down at 6.5% interest.
Key features include: Built in 1880, 0.15 acre lot.
This property is listed by Trisha Rea and can be reached at 6416804274 or trisha@bridgecityrealty.com.
