$675,000
$675,000
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2635 Knapp Street Ames, IA 50014
23 Beds
6,688 SqFt
Key Details
Sold Price $675,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,688 sqft
Price per Sqft $100
MLS Listing ID 695635
Sold Date 07/25/24
Style Two Story
Bedrooms 23
HOA Y/N No
Year Built 1967
Annual Tax Amount $8,600
Lot Size 0.399 Acres
Acres 0.3994
Property Description
Welcome to 2635 Knapp St.- where opportunity knocks loud and clear! Previously a vibrant fraternity house, this property now presents an exceptional multi-unit investment prospect. Boasting a total of 30 bedrooms and 4 bathrooms spread across its expansive layout- 2 bathrooms are communal: one on the main level and one on the second level of the home- it's a prime canvas for reimagining into multi-unit residential housing or retaining its communal charm. The 2675sq ft of finished basement hosts a commercial kitchen, dining room, rec room, formal room, the mechanical room, a half bath, and one rental suite with living room, bedroom, and full bath. This space offers versatility for entertainment, relaxation, or development into extra living quarters. Behind the building sits 9875sq ft of parking, currently laid out into 23 spaces with potential for 30 or more. Don't miss this chance to capitalize on your next successful venture. Schedule a showing today!
**The sellers will begin reviewing offers after 9am on June 3rd.
Location
State IA
County Story
Area Ames
Zoning RH
Rooms
Basement Finished
Interior
Heating Hot Water
Fireplace No
Exterior
Roof Type Tar/Gravel
Private Pool No
Building
Entry Level Two
Foundation Block
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Ames
Others
Tax ID 0909129190
Monthly Total Fees $716
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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Bought with Century 21 Signature R.E.






