Contact us: 563.441.1776
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
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Sqft: 7,687
County: Clinton
Listed By:
Coldwell Banker Howes & Jefferies REALTORS
563-242-3265
MRED MLS
MLS ID: QC4255612
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431 5th Avenue S, Unit 17, Clinton, IA 52732.
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