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Ernest Abell

ernieabell.realty@hotmail.com +1(641) 414-3893

Listed by Matthew Karjalahti RE/MAX Partners Realty, Grinnell

$ 139,900

Est. payment | -/mo

1,541 SqFt

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$ 139,900

Est. payment | -/mo

Save Virtual Tour

1,541 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,541 sqft

Price per Sqft $90

MLS Listing ID NOC6341948

Year Built 1900

Annual Tax Amount $1,945

Tax Year 2024

Lot Size 7,405 Sqft

Acres 0.17

Lot Dimensions 50X150

Property Sub-Type Duplex

Property Description

Welcome to an prime investment opportunity featuring strong occupancy history and extensive recent capital improvements, situated just two blocks from downtown and the hospital. This meticulously maintained duplex can generate up to $19,800.00 in annual gross rents, making it an ideal asset for both seasoned investors and buyers looking to owner occupy. The property consists of two distinct residential units, including a comfortable two bedroom layout as well as a second unit offering two bedrooms plus a versatile bonus room that works perfectly as an office, nursery, or extra living space. Essential updates have already been completed, giving the next owner true peace of mind. Capitalizing on recent high value renovations, the property features a newer roof, siding, and concrete sidewalk. Beyond the main structure, the lot includes a two car detached garage with convenient alley access, providing highly desirable off street parking or extra storage. Prime central location; this asset provides occupancy, reduced near term maintenance expenses. and strong appeal driven by its walkability to major employers, dining, downtown Grinnell and Unity Point Medical Center. Schedule your private showing today to add this income generating property to your portfolio.

Location

State IA

County Poweshiek

Area 1541

Direction hwy 6 west to Spring st. South to address

Rooms

Basement Partial

Interior

Heating Forced Air

Fireplace No

Exterior

Garage Spaces 2.0

View Y/N true

Accessibility None

Building

Story 2

Sewer City Sewer/Connected

Water Public

Structure Type Vinyl Siding

Schools

School District 2709 - Grinnell-Newburg

Others

Energy Description Natural Gas

Acceptable Financing NOC6341948

Listing Terms NOC6341948

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Schools and Properties Nearby

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+1(641) 414-3893

ernieabell.realty@hotmail.com

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929 - 931 Spring ST Grinnell, IA 50112