$715,000
Active
60 Days Online
17 Beds17 Baths7,687 SQFT
Active

431 5Th Avenue South # 17 Clinton, IA 52732

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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 TypeMulti-Family
  • NeighborhoodClinton
  • CountyClinton
  • Taxes$9,751
  • HOA/Condo/Coop Fees$0
  • Days on Site60 Days
  • MLS StatusActive
  • MLS ID NumberQC4255612
  • Home Size Source N/A
  • Year Built1916
  • Lot Size0.3857 Acres
  • Full Baths17
  • Partial BathsN/A

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Schools

School District
Clinton
Elementary School
Unknown Elementary School
Middle School
Unknown Middle School
High School
Clinton High

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Monthly Payment (Est.)

$3,593
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