101 S Water Street Cambridge, IA 50046

1 / 22

View all 22 Photos

Map

Barndominium Living Meets Small-Town Charm Discover the rare combination of barndominium-style living right in the heart of a close-knit town, where everyone knows your name, but stays out of your business. This unique property offers two spacious, updated apartments—ideal for flexible living or rental income. On the first floor, you'll find a bright and airy one-bedroom, one-bath apartment with plenty of natural light and the convenience of in-unit laundry, including a washer and dryer. The second-floor apartment boasts two bedrooms plus a versatile bonus room (perfect as a non-conforming bedroom or office), along with a modern bathroom. Washer dryer hookups are available. Both units are move-in ready, featuring contemporary kitchens equipped with stoves, microwaves, refrigerators, and dishwashers. Commercial buyers, car enthusiasts and hobbyists will love the garage space! A two-car tandem garage is complemented by a massive two-story workshop/garage/warehouse that can accommodate 6-8 cars or 6 trucks. There’s even an unfinished half-bath in the workshop's utility room. This property’s zoning for both residential and commercial use offers endless opportunities. With no existing leases, you're free to rent out both apartments or live in one while renting the other. Whether you're looking for a unique home or an investment with income potential, this property offers it all.