Listing ID: 202302523
Price: $99,900
Status: Pending
Address: 227 N Main St
City: Wapello
State: Iowa
Postal Code: 52653
County: Louisa
Subdivision: Wapello
Wapello
IA
52653
Live in one and rent the other, Own this historic hotel situated in the heart of downtown Wapello. Every unit is unique, call agent for more details. Walking distance to waterfront, shops and restaurants. The rates are affordable and your stay will be memorable. Featuring 16 rooms, and private living quarters of 1674 sq. ft. The living quarters include an updated modern kitchen with cherry cabinets, fireplace-warmed family room, and oak floors.This building is zoned to be a bed and breakfast, you can turn all the rooms into apartments or condos, the possibilities are endless! 1 bed rooms have rented for $60-$65, double rooms $60-$70, sleeping rooms $125 per week , suite $70-$80 per night, each uniquely styled & spacious. Apartments had been receiving $600 per month long term, $800 per month short term. Own a piece of history! It's a great opportunity! SOLD IN AS IS CONDITION, SELLER WILL MAKE NO REPAIRS. Owner would consider contract terms with acceptable down payment and offer, call agent for more info, additional info about Hotel Wapello in associated docs. New roof approx. 5 years ago. NW Corner of roof replaced 2021.
Primary Features
County:
Louisa
Property Sub Type:
Multi-Family
Property Type:
Multi-Family
Subdivision:
Wapello
Year Built:
1853
Zoning:
Commercial
Interior
Number of Fireplaces:
1
SqFt Above:
3841
Unit 1 Dining Room:
no
Unit 1 Living Room:
no
Unit 2 Dining Room:
no
Unit 2 Living Room:
no
Unit 3 Dining Room:
no
Unit 3 Living Room:
no
Unit 4 Dining Room:
no
Unit 4 Living Room:
no
External
Lot Dimensions:
.17
Location
Area:
Washington Area
Elementary School:
Wapello
Geo Address Line:
227 N Main St
High School:
Wapello
Junior/Middle School:
Wapello
Additional
Addendum:
call agent for more info, additional info about Hotel Wapello in associated docs. New roof approx. 5 years ago. NW Corner of roof replaced 2021.
Associated Document Count:
3
Days on Market:
8
Internet:
yes
New Construction:
no
Rental Permit:
no
Status Category:
Pending
Units Total:
16
Financial
Gross Tax (County & City):
1876
Sale/Lease:
For Sale
Tax ID:
0827401003
Tax Year Report:
2021
Variable Rate:
yes
Zoning Info
© 2023 Iowa City Area MLS (ICAARMLS)
Information deemed reliable, but not guaranteed
Listing courtesy of Wendy Fountain of Sellers & Seekers Real Estate
Information deemed reliable, but not guaranteed
Listing courtesy of Wendy Fountain of Sellers & Seekers Real Estate
Contact - Listing ID 202302523
Jeff Edberg
2346 Mormon Trek Blvd, Ste #2000
Iowa City, IA 52246
Phone: 319-331-6187
Phone Alt: 319-331-6187
Data services provided by IDX Broker
