$645,000

431 5TH Avenue S 17, Clinton, IA 52732

  • 7,687 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1916
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $84/sqft
  • Property List Date Icon 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
  • A/C: Window Unit(s)
  • 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

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

Jefferson Elementary School

720 4th Ave S, Clinton, IA, 52732

Grades KG-5

0.44 miles away

C

Clinton Middle School

1350 14th St NW, Clinton, IA, 52732

Grades 6-8

1.96 miles away

C

Clinton High School

817 8th Ave S, Clinton, IA, 52732

Grades 9-12

0.65 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.