Jason Anderson
- Buy
- Sell
https://www.ruhlmortgage.com/LawrenceDavis.html
Description
Rare investment opportunity in the heart of Malcom, Iowa, featuring a versatile mixed-use building. This unique property includes a commercial storefront currently occupied by the local post office and a residential rental apartment on the second floor, providing a dual-income stream from day one. Situated on a large, low-maintenance gravel lot, the property offers expansive off-street parking or the flexibility for future site improvements. While the main floor provides a steady commercial presence, the true value lies in the flexibility of the space and the residential unit above, making it an ideal addition to any portfolio or a perfect live-work setup for a local owner. Whether you are looking for a reliable entry-level investment or a property with character and utility, this Malcom staple is a must-see. Grab this chance to own a piece of the community with built-in versatility and room to grow. Call today!
Property Highlights
Property Type: Commercial - Retail
Year Built: 1900
General Information
County: Poweshiek
Listed By:
RE/MAX Partners Realty, Grinnell
641-236-6683
No Coast MLS
MLS ID: 6338231
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209 Main Street, Malcom, IA 50157.
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563-441-1862
toll free 866-441-1862
Customize Your Rate
| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $150,000 | $150,000 | $150,000 |
| Down Payment | $30,000 | $5,250 | $37,500 |
| Monthly Mortgage Amount | $729 | $895 | $927 |
| Taxes | $209 | $209 | $209 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $66 | $0 |
| Monthly Estimated Total | $1,038 | $1,270 | $1,236 |
Jason Anderson
REALTOR®
Cell: (309) 207-0907
Licensed in IL
Moline Office
1701 52nd Avenue
Moline, IL 61265
(309) 743-8000
Moline, IL 61265
(309) 743-8000
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Listings courtesy of No Coast MLS as distributed by MLS GRID.
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