312 Sycamore St, Cambridge, IA 50046

Here's your chance at an amazing project in the middle of town. Just minutes from Ames, Ankeny, and the Des Moines metro, Cambridge offers a great location just off I35 and minutes to anywhere in Central Iowa. This historic property was converted in the early 2000's into 10 apartments and has 5 active units on the first floor, 5 units that are close to rent ready upstairs, 3 potential units in the basement, and a 4000+ square foot gym that could be used as an event center, additional apartment units, or even garage space. The potential is limitless with 1.7 acres of well manicured grounds. Grant money and abatements may be available to qualified projects. Showings by appointment only with 24 hour notice to tenants in the first floor units.