127 Albany Ave SE Orange City, IA 51041 | Residential

This property has Inventment opportunity galore (see second paragraph) **2020 New block wall installed in the basement to support the foundation. This is a great property with oak flooring throughout the main floor and oak trim. This property is zoned commercial but the 2nd floor is 100% residential and the main level can be used up to 50% residential. The remaining 50% on the main must be used for commercial use. This is a perfect opportunity for someone to either sell retail on the main level or offer accounting, law, financial or other consulting services while living on the same premises. There is a bathroom on the main level, kitchen (ALL APPLIANCES INCLUDED) and laundry (WASHER AND DRYER INCLUDED) and a full bathroom on the 2nd story with 4 bedrooms. INVESTMENT OPPORTUNITY: - 2 stall garage with a furnace Rent out each stall for storage - Additinoal building next to garage is ideal for for a small 2 room retail space with AC and heater. Main structure oin property: - Main floor 50% of it has to be retail with bathroom and 50% can be used for residential. More than 50% can be used for retail but only up to 50% can be used for residential. - 2nd floor you can rent out a room at a time and the residence can share the kitchen and laundry on the main