431 5TH Avenue S 17, Clinton, IA 52732
- 7,687 sqft
Commercial Property
Built in 1916
—— sqft lot
—— car garage
$84/sqft
Listed 1 year ago
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
- Listing Status:
- Active
- Listing Office:
- Coldwell Banker Howes & Jefferies REALTORS : 563-242-3265
- Listing Agent:
- Dennis Lauver : 563-503-9663
- MLS ID:
- QC4255612

- Road/Access: Paved
- Originating MLS: mred
- County: Clinton
- Zoning: 80-1735-0000
- Utilities: Separate Meters
- Source: mred
This listing courtesy of Dennis Lauver, Coldwell Banker Howes & Jefferies REALTORS
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Jefferson Elementary School
720 4th Ave S, Clinton, IA, 52732
Grades KG-5
0.44 miles away
Clinton Middle School
1350 14th St NW, Clinton, IA, 52732
Grades 6-8
1.96 miles away
Clinton High School
817 8th Ave S, Clinton, IA, 52732
Grades 9-12
0.65 miles away
