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About This Home
This 0-bedroom, 0-bathroom residential multi family at 431 5TH Avenue South unit: 17 in Clinton, IA is listed for $645,000. Built in 1916, on a N/A lot.
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 - Baseboa
rd 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
Key Features
- Built in 1916
- 11 parking spaces
Property Details
Monthly Cost Estimate
$3,450/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
431 5TH Avenue South unit: 17
Clinton, IA 52732
Property Details
Construction
Heating
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 431 5TH Avenue South unit: 17 is listed at $645,000. The estimated monthly payment is $2,795 based on 20% down at 6.5% interest.
Key features include: Built in 1916, 11 parking spaces.
This property is listed by Dennis Lauver and can be reached at 5632423265 or dennis.lauver@howesandjefferies.com.
