Description
431 5th Avenue South,
#17,
Clinton,
IA
52732
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
This is an Active listing.
Broker Office Phone Number: 563-242-3265
Copyright © 2025RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Listing By: Coldwell Banker Howes & Jefferies REALTORS via Data Source: RMLS Alliance
Price History
date | price | variance | type |
---|
8/20/2024 | $715,000 | - | Listed |
listing agent: Dennis Lauver