2812 Lincoln Way $1,275,000

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    2812 Lincoln Way Ames, IA 50014

    • 0.45 Acres
    • Land
    • MLS# 58215
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    Views: 253 Days On Site: 61

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    Property Details

    What a LOCATION! Lincoln Way and S. Hyland Ave. Only a 10 minute walk to Central Campus. Seize the opportunity to own one of the most desirable street corners remaining for future development in Campustown. This conjoined portfolio of ACTIVE rental properties comprises nearly a half acre of development potential at the Southwest corner of Lincoln Way and South Hyland Ave. This ''L'' shaped assemblage of properties secures approximately 185' of street frontage on Lincoln Way, nearly 175' on S. Hyland Ave. The 3 existing rental houses boast $8,250 per month on leases already in place for August 2021. Subsidize your investment with robust rental revenue while you plan future development, or just secure this high-demand location in your portfolio for any number of future investment ventures. All 3 homes included in the sale have current Certificates of Rental Compliance with the City of Ames good through December 2023. All 3 parcels are offered as one sale.

    • Property Features
      • Acres in Timber 0.00
      • Acres Tillable 0.00
      • Terrain Rolling
      • Water Public
      • No. of Acres 0.45
      • Sewer Public
      • Utilities Available Cable, Electric, Gas, Telephone
    • Schools
      • Schools Ames

    Contact

    Ralph Ring

    Ralph Ring

    Sales Associate

    Iowa

    RE/MAX REAL ESTATE CENTER

    Direct: 515-357-8296

    Neighborhood

    50014 (Ames) Demographics

    22 Median Age
    532 Population Density (per sq. mile)
    73% College Educated
    $36,633 Estimated Median Income
    4,049 Estimated Total Home Owners
    8,088 Estimated Total Renters
    33% / 67% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    29,725 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $0 Median Sales Price
    0 Homes Sold
    20 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,275,000 -8.93%
        7/23/2021 9:04:00 AM New in Database Source: Multiple Listing Service New Value: $1,400,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.