515-993-4159 d_auction@hotmail.com

Adel 5-Plex at Auction

April 19, 2019 @ 6:00 pm
119 N 11th St Adel
IA 50003

Income producing 5 Plex at auction

Friday Eve. April 19, 2019
6:00 p.m.
Sale to be held on site:
119 N 11th St. Adel, Iowa

Call Mike today for your appointment to view! 515-468-7674


General Description-

Offering at Public Auction this historic “Victorian” 2 story home conversion consisting of 5 apartments! With 2,322 sq. ft. total living area, this majestic home was built in 1895 and the original home of S.M. Leach, President of the Adel Bank at the time!

(2) 1 bedroom apartments are located on the first floor with (2) 1 bedroom apartments on second floor. An additional efficiency apartment with private entrance is located on the west side. Property is on a large corner lot just 1 block from downtown Adel and offers off-street parking!This income producing apartment house boasts 100% occupancy historically!


Lot Size- 74.25 Frontage x 164′

Net Taxes- $3,056.00

Brief Legal Description- 74.25’ E164’ OL 8, Sect. 29 Twp 79 Range 27

Zoning- Residential

Daugherty Auction and Real Estate Services, LLC.

Chad Daugherty ~ Owner/Auctioneer~ Kelly Daugherty ~ Auctioneer
North River Realty, Mike Bobst-Broker 515-468-7674
Jamie Bergkamp-Closing Attorney
Adel, Iowa (515) 993-4159 ~ d_auction@hotmail.com
See us on the web at www.daughertyauction.com



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