431 5TH Avenue South 17, Clinton, IA 52732

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$695,000

bedrooms

bathrooms

square feet

7,687

Acreage

Open Houses

year built

1916

Full Baths

Half Baths

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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

Location
Subdivision	Clinton
County	Clinton
Elementary School	-
Middle School	-
High School	Clinton High

Driving directions

Open houses

None scheduled.

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MLS number: QC4255612

Listing agent: Dennis Lauver #B63532000/475.165634

Listing broker: Howes & Jefferies Realtors (563) 242-3265

Last update: Tuesday, February 11 2025 at 2:39 p.m. EST

Kotohomes National