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
For sale
Price cut: $50K (8/16)
$645,000
431 5th Ave S #17, Clinton, IA 52732
3beds
2baths
7,687sqft
Est.:
Multi Family
Built in 1916
-- sqft lot
$-- Zestimate®
$84/sqft
$-- HOA
What's special
Off-street parkingSecure historical building
- 365 days
- on Zillow |
- 121 |
- 3 |
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