Great opportunity to own a versatile commercial property offering multiple income streams with two retail spaces and four residential units all in one location. The property includes a studio apartment that is handicap accessible for added convenience and flexibility along with three brand new two bedroom apartments each featuring a full bath, stainless steel appliances, and in unit washer and dryers. With a strong mix of commercial and residential spaces this property is ideal for investors or owner occupants looking to maximize rental potential with modern amenities that appeal to today’s tenants.
Cambridge is located in Iowa. Cambridge, Iowa has a population of 975. Cambridge is more family-centric than the surrounding county with 36.52% of the households containing married families with children. The county average for households married with children is 33.61%.
The median household income in Cambridge, Iowa is $67,039. The median household income for the surrounding county is $62,578 compared to the national median of $69,021. The median age of people living in Cambridge is 37.4 years.
The average high temperature in July is 84.7 degrees, with an average low temperature in January of 10.5 degrees. The average rainfall is approximately 35.9 inches per year, with 29.7 inches of snow per year.
