Properties

Property Description

An investment opportunity with 9 of the 17 units currently leased. The apartments are in nice condition and are ready to provide nice ROI for the owner. Many updates and improvements to this property since 2022: – Fire escape – Electrical outlets – Arc fault breakers – Electric service – Water lines – Flooring – All units recently painted – Baseboard heating – Appliances – Updated building exterior – Updated common area fire detection system – Units 1 – 5 completely refinished Landlord pays water, sewer and a trash dumpster for the entire property. Unit 1 has a gas furnace the landlord pays for and an electric heater the tenant pays for. A proforma showing financials when property is fully leased is available by request. Copy of recent property appraisal report is available by request

Features
: Gas, Electric, Window Unit(s)
: Unfinished
: Shingle, Rubber
: 11
: Level
: Parking Pad
Address Map
US
IA
Clinton
Clinton
5TH
431
Avenue South
0
W91° 48' 19.1''
N41° 50' 27''
South side of 5th Ave S - between S 4th St and S 5th St.
S
17
MLS Addon
Coldwell Banker Howes & Jefferies REALTORS
Dennis
Lauver
$0
: Brick
17
Clinton High
RMAQCQ5467
RMAQCQHOWE01
Active
80-1735-0000
: Two Or More Story, Apartment Building
Clinton
$9,751
2023
[email protected]

Residential Income For Sale

431 5TH Avenue South, Clinton, Iowa

0 Acre
$715,000
Listing ID #RMAQC4255612
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : RMAQC4255612
Price : $715,000
Year Built : 1916
Lot Size : 0 Acre
Lot Size Dimensions : 120 x 140
Property Sub Type : Residential Income
Standard Status : Active
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