620 SE 2nd Ave, Cresco, IA 52136

MLS ID #:
NBR20244361

Property Address:
620 SE 2nd Ave
Cresco, IA 52136

County:
Howard

Region:
Outside the Metro Area

Year Built:
1958

Property Type:
Residential Income

Sub-Type:
Multi-Family 5+

Number of Units:
20

School:
Cresco

Date Listed:
September 27th, 2024

Status:
Pending

Price:
$390,000.00

Gross Taxes:
$6,312.00

Tenant Responsible:
None

Sale/Rent:
For Sale

Terms/Lease:
6 Months or Less

Sale/Lease Type:
Normal Sale

Docs on File:
Aerial Photos, Lead Paint Disclosure, Sellers Disclosure, Site Plan

Zoning:
C-1

Legal Desc:
E 15' L 8 EX S 4.5',W 175' E 629' EX S 4.5' SUBD W200' BLK3SUBD BLK 4 GILLETTE ADDN

Laundry:
Laundry Room

Basement:
Concrete

Garage Type:
Gravel, Detached

Garage/Parking:
Gravel, Detached

Off-Street Parking:
30.00

Total Fin Sq Ft:
7,745 sq ft

Fin Above Grade:
6,849 sq ft

Lot Sq Footage:
51,836

Lot Dimensions:
1.19 Acres

Reg/Irreg:
Reg

Acres:
1.19

Lot Features:
Level

Road Frontage:
Paved Road

Siding:
Wood

Construction:
Block

Roof Type:
Asphalt

Utilities Available:
Cable in Rent, Electric in Rent, Garbage in Rent, Water in Rent

Water Type:
City

Sewer Type:
City Sewer

Fuel Type:
Natural Gas

Water Sep by Unit:
No

Elec Sep by Unit:
No

Heat Sep by Unit:
No

Heating:
Radiant, Steam

Cooling:
Wall Unit(s)

Flood Plain Class:
C/X - Not in Flood Plain

Remarks: The Cresco Motel is conveniently located along State Hwy 9 near restaurants, a coffee shop, 24-hour convenience store, dollar store and liquor/ gifts. The surrounding neighborhood consists of well-kept residential homes and a great public school system. This 20-room property has a fully furnished 2-bedroom manager apartment, laundry room with 2 washers and dryers, garage and storage container. The large parking lot offers plenty of room for guests while being able to accommodate RVs and large trucks. The roof was replaced in 2017. All furniture, fixtures, cameras and supplies will stay with this turnkey business. Cresco is known as "Iowa's Year 'Round Playground" because of the variety of recreational activities available to our visitors and residents. Cresco also offers a strong economy with many long-term businesses and employment opportunities. Great investment opportunity and the current owners pride shows in this well-maintained motel.
Realtor/Equal Housing Lender Listing provided courtesy of Burke Real Estate.
Listing Agent: Steven Burke
IDX data comes from the Northeast Iowa Regional Board of Realtors®. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

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