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Water St - 222 Water Street | Cambridge, Iowa 6 Unit Apartment Building Offered at $1,504,624 CAD Cambridge, IA 50046
Executive Summary
-This property includes 4 fully renovated residential units plus 2 street-level commercial spaces renovated in 2025 with complete upgrades throughout.
Residential Highlights:
- Each unit features brand-new kitchens and bathrooms, modern flooring, and in-unit washer/dryer.
- Independent HVAC systems in every unit ensure comfort and efficiency.
Commercial Potential:
- Ground floor spaces are ideal for retail, office, or service-oriented tenants.
Upgrades & Infrastructure:
- All mechanical, electrical, and plumbing systems were replaced during the remodel.
Location & Access:
- Located in a high-activity area with great accessibility.
- Approximate drive times: 16 minutes to Ames, 23 minutes to Ankeny.
Residential Highlights:
- Each unit features brand-new kitchens and bathrooms, modern flooring, and in-unit washer/dryer.
- Independent HVAC systems in every unit ensure comfort and efficiency.
Commercial Potential:
- Ground floor spaces are ideal for retail, office, or service-oriented tenants.
Upgrades & Infrastructure:
- All mechanical, electrical, and plumbing systems were replaced during the remodel.
Location & Access:
- Located in a high-activity area with great accessibility.
- Approximate drive times: 16 minutes to Ames, 23 minutes to Ankeny.
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Washer/Dryer
- Oven
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 3 | - | - |
Somewhat walkable
20/100
Exceptionally drivable
90/100
Moderately bikeable
60/100
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Water St - 222 Water Street | Cambridge, Iowa
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