Active
431 5TH Avenue South Unit: 17
Clinton IA, 52732
$715,000
$93.01 per sqft
Active
7,687 sqft
Residential
Built in 1916
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
QC4255612
MLSⓇ ID
August 20, 2024
Listed
October 1, 2024
Updated
Map
431 5TH Avenue South Unit: 17
Clinton IA, 52732
Interior Features
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Electric, Gas, Window Unit(s)
Exterior/Building Features
Lot Features
Level
Roof
Rubber, Shingle
School Information
High School
Clinton High
Other Property Details
Taxes
$9,751
Tax Frequency
Annually
Days on Market
17
Garage
No
Parking
Parking Pad
Parking Total
11
View
No
County
Clinton
Water Source
Public Sewer, Public
Pool
No
Listed by with Coldwell Banker Howes & Jefferies REALTORS
Listing Contact: Cell: 563-503-9663
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Based on information submitted to the MLS GRID as of 10/1/2024