Clinton, IA 52732,431 5TH Avenue South #17
Clinton, IA 52732,431 5TH Avenue South #17
Clinton, IA 52732,431 5TH Avenue South #17
Clinton, IA 52732,431 5TH Avenue South #17
Clinton, IA 52732,431 5TH Avenue South #17
Clinton, IA 52732,431 5TH Avenue South #17
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Listed by Dennis Lauver • Coldwell Banker Howes & Jefferies REALTORS
$ 695,000
Est. payment | /mo

7,687 SqFt


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$ 695,000
Est. payment | /mo
Save

7,687 SqFt

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Residential Income

Listing Status Active

Purchase Type For Sale

Square Footage 7,687 sqft

Price per Sqft $90

Subdivision Clinton

MLS Listing ID QC4255612

Maintenance Fees $21,240

Year Built 1916

Annual Tax Amount $9,751

Tax Year 2023

Lot Dimensions 120 x 140

Property Sub-Type Residential Income

Source rmlsa

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

Location

State IA

County Clinton

Area Qcara Area

Direction South side of 5th Ave S - between S 4th St and S 5th St.

Rooms

Basement Unfinished

Interior

Heating Electric, Gas, Window Unit(s)

Fireplace N

Exterior

View true

Roof Type Rubber,Shingle

Street Surface Paved

Total Parking Spaces 11

Garage 1

Building

Lot Description Level

Faces South side of 5th Ave S - between S 4th St and S 5th St.

Unit Features [{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 1\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":675,\"RMA_NumberParking\":\"1\",\"RMA_NumberUncovered\":\"1\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1367168Group_1\"},{\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"Unit 2\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":600,\"RMA_NumberParking\":\"1\",\"RMA_NumberUncovered\":\"1\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1367168Group_2\"},{\"UnitTypeType\":\"Unit 3\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1367168Group_3\"}]

Water Public Sewer, Public

Structure Type Brick

New Construction false

Schools

High Schools Clinton High

Others

Tax ID 80-1735-0000

GET MORE INFORMATION

agent
Shonna Murrey

Broker Associate | License ID: 64826000

+1(515) 612-8939

315 SW Maple St, Ankeny, IA, 50023, USA

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431 5TH Avenue South #17