Bob Kelly
- Buy
- Sell
https://www.ruhlmortgage.com/LawrenceDavis.html
Description
Historic building in the heart of downtown Fort Madison offering an exciting redevelopment opportunity. This impressive three-story brick building features commercial space on the main level and ten one-bedroom apartments across the second and third floors. Rich with character, the property still showcases many original architectural details that reflect its historic roots. The building will require substantial rehabilitation prior to occupancy, but for the right investor or developer, the possibilities are significant. This property offers the potential to restore a landmark structure while creating valuable downtown residential and commercial space.
Property Highlights
Property Type: Commercial - Investment
Year Built: 1900
General Information
County: Lee
Listed By:
Midwest Realty
319-237-1139
No Coast MLS
MLS ID: 6336199
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610 8th Street, Fort Madison, IA 52627.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $185,000 | $185,000 | $185,000 |
| Down Payment | $37,000 | $6,475 | $46,250 |
| Monthly Mortgage Amount | $864 | $1,060 | $1,125 |
| Taxes | $257 | $257 | $257 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $81 | $0 |
| Monthly Estimated Total | $1,221 | $1,498 | $1,482 |
About this area
Find homes for sale in Fort Madison, Iowa and learn about the local community and real estate market.
History and beauty combine for a breathtaking view of the Mississippi River. Fort Madison, with a population of over 11,000, is located along the Mississippi River in the southeastern corner of Iowa. Situated between bluffs along one of the widest portions of the Mississippi River, Fort Madison shares the Lee County Seat with Keokuk, which makes it the only county in Iowa with two seats of government. Continue browsing this page to see all houses for sale in Fort Madison, IA and if you need to do a little more research before buying, check out the information on this page.
Fort Madison is located southwest of Burlington. View homes for sale in the Burlington, Iowa area for more real estate options.
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403 S. Gear Avenue, Suite 105
West Burlington, IA 52655
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Bob Kelly
REALTOR®
Cell: (563) 650-2168
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Moline Office
1701 52nd Avenue
Moline, IL 61265
(309) 743-8000
Moline, IL 61265
(309) 743-8000
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