202 SW Cherry Street
Ankeny, IA 50023
MLS #554606

  • 4units
  • 0.258acres
Est. P&I payment: $1718.7/mo
Description for 202 SW Cherry Street, Ankeny, IA 50023
Fully leased! Incredible opportunity to own a multi-use property in the heart of Ankeny! Offering incredible cash flow from 4 sources, this converted home has 3 business suites, one large 3 bedroom apartment, and a large detached 3+ stall garage. The front entry offers a business suite with a lobby, bathroom, and two rooms. The side entry offers a large open business suite currently used as a photography studio with attached bathroom. The back entry is being used for piano lessons and also offers access to a bathroom. The 3 bedroom apartment offers a fenced yard, vaulted ceilings on the main level, an open kitchen, two gas fireplace, 2nd floor laundry, 2 full bathrooms, upgraded flooring throughout, and access to the basement. Hot tub/pool room is just off the oversized three stall garage (heated and finished). Unique opportunity, call an agent today for more information or to set up a private tour.
MLS #554606
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My Notes for MLS #554606

General Features

  • Property Type: Multi-Family
  • Style: Two Story
  • Acres: 0.258
  • Year Built: 1890

Exterior Features

  • Exterior: See Remarks
  • Acres: 0.258
  • Lot SF: 11,220
  • Lot Shape: Regular
  • Trim: Paint
  • Driveway: Concrete
  • Foundation: Concrete Block,​Poured
  • Garage: 3 Detached,​4 Detached
  • Paved YN: 1
  • Roof: Asphalt Shingle

Interior Features

  • Interior Features: 2nd Flr Laundry,​Cable TV,​Carpeting,​Hardwood Floors,​See Remarks,​Tile
  • Square Feet Total: 3,352
  • Square Feet Bsmt: 407
  • Living Area Sq Ft: 3,352
  • Basement Desc: Unfinished
  • Baths Total: 2
  • Baths Full: 2
  • Kitchens Total: 1

Utilities Features

  • Air Conditioning: Central
  • Dishwashers Total: 1
  • Fridges Total: 1
  • Heat Source: Natural
  • Heat: Gas Forced Air
  • Laundry YN: 1
  • Separate Meters: Y
  • Services: See Remarks
  • Sewer: City
  • Stoves Total: 1
  • Water: City

Financial Features

  • Gross Taxes: 9,907.79
  • Net Taxes: 9,907.79
  • Tax Year: 2017

Community Features

  • Amenities: Sauna,​See Remarks
  • School District: Ankeny

Misc Features

  • Parcel Number: 18,100,134,006,000
  • Included Items: Dishwasher,​Dryer,​Microwave,​Refrigerator,​Stove,​Washer
  • Total 2 Bedroom Units: 1
  • Total 3 Bedroom Units: 1
  • Total Efficiency Units: 2
  • Total Units: 4
  • Termite: Call Listing Agent
  • Zoning: COMM


Street View Not Available
Directions to 202 SW Cherry Street, Ankeny, IA 50023
W 1st Street to SW Cherry Street. South on SW Cherry Street to the property.
The listing information for 202 SW Cherry Street, Ankeny, IA 50023 was graciously provided by our friends at the listing brokerage, Space Simply

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P&I Payment $1718.7
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Realty Lora & Co.'s websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Realty Lora & Co., Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 02/20/2018 at 3:34am
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