431 5th Avenue S 17, Clinton, IA
$645,000
Pending
About 431 5th Avenue S 17
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
Facts & Features
| MLS® # | QC4255612 |
|---|---|
| Price | $645,000 |
| Bathrooms | 0.00 |
| Acres | 0.00 |
| Year Built | 1916 |
| Type | Commercial |
| Sub-Type | Multi Family 5+ |
| Status | Pending |
Community Information
| Address | 431 5th Avenue S 17 |
|---|---|
| Area | Iowa - Clinton |
| City | Clinton |
| County | Clinton |
| State | IA |
| Zip Code | 52732 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Cooling | Window Unit(s) |
|---|---|
| Has Basement | No |
| Fireplace | No |
Additional Information
| Days on Market | 565 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Coldwell Banker Howes & Jefferies REALTORS |
|---|