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

September 17, 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 

Listings courtesy of RMLS Alliance as distributed by MLS GRID. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

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Based on information submitted to the MLS GRID as of 9/17/2024

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