Income-Generating Apartments – Edgewood, IA! Priced for less than the Assessed Value ($242,854)! The sale includes three buildings/parcels, offering future development potential and added flexibility for expanding your heart’s desire! Bring your vision! This exceptional opportunity in the heart of Edgewood, has everything you need to hit the ground running with the space you’re looking for– all restaurant and bar equipment included in the sale. Above, you’ll find 2 apartments, fully leased with some excellent updates. Providing steady rental income, adding even more value. Whether you’re a seasoned investor or an entrepreneur looking to dive in and create, this property offers a rare mix of stability, community presence, and income potential.
Edgewood is located in Iowa. Edgewood, Iowa has a population of 661. Edgewood is less family-centric than the surrounding county with 15.33% of the households containing married families with children. The county average for households married with children is 31.87%.
The median household income in Edgewood, Iowa is $43,281. The median household income for the surrounding county is $69,319 compared to the national median of $69,021. The median age of people living in Edgewood is 53.1 years.
The average high temperature in July is 83.2 degrees, with an average low temperature in January of 6.8 degrees. The average rainfall is approximately 37.1 inches per year, with 34.8 inches of snow per year.