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401 W Iowa Street, Lenox, IA 50851

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For Sale

$250,000

3 beds • 1 baths • 1,180 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $211.86
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

Discover a remarkable investment opportunity in the vibrant town of Lenox, Iowa. This exceptional dual-zoned property offers endless potential for all investment avenues, making it a must-see for savvy investors. With over 10 tillable acres currently utilized for hay production, this property offers the possibility for further agricultural pursuits if you desire. The property includes a 3-bedroom, 1-bathroom home, providing a steady rental income or a residence for the property owner. Ideally suited for a variety of development options, you can capitalize on the high traffic and visibility of the highway frontage to establish a thriving business or transform the ample space into a desirable residential community, offering modern living to the community. Lenox is a bustling town known for its friendly community and growing economic opportunities. Don't miss out on this exceptional investment opportunity. Whether you're looking to kickstart your business portfolio, develop a new residential area, or expand your agriculture portfolio, this property in Lenox is the perfect canvas for your vision.
MLS# 11505936

Courtesy Of Preferred Properties of Iowa, Inc.

(641) 333-2705

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Vinyl Siding
  • Heating System
    Forced Air
  • Lot Size
    11.14 Acres
  • Roof Type
    Asphalt
  • Rooms
    Basement, Kitchen

Map and Directions

Directions to 401 W Iowa Street, Lenox, IA 50851

Home seller CENTURY 21 Signature Real Estate

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Signature Real Estate

(641) 628-9840
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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