SELLER:  Larry Zahasky

ADDRESS:  215 North Elm, Cresco, Iowa

SELLING PRICE:  $68,000.00

TERMS:  Cash

LEGAL:  S 25’ N ½ W 40’ Lot 14 & S 25’ N ½ Lots 15 & 16 Blk 11 Cresco Plat

LOT SIZE:  25’ x 140’

TAXES:  $1,734

AGE:  1897

BUILDING MEASUREMENTS:  25’ x 90’

BASEMENT:  Full

BEDROOMS:  2 In Each Of 2 Upstairs Apartments

BATHROOMS:  1 in Each of 2 Upstairs Apartments, ½ bath in Retail

HEAT TYPE:  Gas Forced Air On Main Floor - Electric in Apartments

EVEN PAY HEAT:  $131 per month

EVEN PAY ELECTRIC:  $140 per month

COMMENTS:  The main floor retail area is currently used as a massage therapy / wellness clinic and a beauty salon. The upstairs has two - 2 bedroom apartments and two smaller rooms that could be used as an office space or converted to a one bedroom efficiency apartment. The building has been completely renovated and has many updates.

2-2 Bedroom Apartments

Remodeled in 2005.

New refrigerator and stove in both apartments in 2005.

New electrical service in both apartments in 2005.

Both apartments have cable and are internet ready.

Currently renting one for $350 and one for $360.

Renter pays own electric.

Coin operated commercial washer and dryer - approximately $80 - $100 / month

2 window air conditioners.

All but one window replaced in 2005.

Full basement

Washer and dryer

Moisture problem with heavy rains (went 3 years without a problem)

Rubber membrane roof installed in the mid 1980’s

Requires yearly maintenance in Fall & Spring

Back door with public parking lot in back (Door new in 2005)

Outside back stairs to upstairs (Door new in 2005)

Inside (from sidewalk) Front Stairs to upstairs