431 5th Avenue South 17 Clinton, IA 52732
Listing Courtesy of: RMLS ALLIANCE / Coldwell Banker Howes & Jefferies / Dennis Lauver - Contact:  Cell: 563-503-9663

  431 5th Avenue South 17 Clinton, IA 52732

Active (108 Days)
$715,000

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

MLS #:
QC4255612
Taxes
$9,751(2023)
Type
Multifamily
Year Built
1916
County
Clinton County

Listed By

Dennis Lauver, Coldwell Banker Howes & Jefferies, Contact: Cell: 563-503-9663
Source
RMLS ALLIANCE
Last checked Dec 6 2024 at 4:01 PM CST
Bathroom Details
Subdivision
  • Clinton
Lot Information
  • Level
Heating and Cooling
  • Window Unit(s)
  • Gas
  • Electric
Basement Information
  • Unfinished
Exterior Features
  • Roof: Shingle
  • Roof: Rubber
Utility Information
  • Fuel: Gas, Electric
School Information
  • High School: Clinton High
Parking
  • Parking Pad
Additional Information: Howes & Jefferies | Cell: 563-503-9663
Location
   
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Disclaimer: Copyright 2024 RMLS Alliance. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 12/6/24 08:01