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808 6th Avenue W

Grinnell, IA 50112
  • $1,060,000
  • STATUS: Active
  • ON SITE: 40 Days
  • MLS #: 680572
UPDATED: 54 min ago
$1,060,000
  • 14
    BEDS
  • 1.96
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 14,028
    SQFT
  • $76
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1956
County:
Area:

School Ratings & Info

School District:

Description

Rare Investment Opportunity in Grinnell. Four Winds North is 1 multi-family building located on a rural acreage with (8) 1 bedroom, 1 bathroom units. Four Winds South is a single family home that has been converted into 4 units. There are (2) 2 bedroom, 1 bathroom units and (2) 1 bedroom, 1 bathroom units. All of the units are rented by the week and are currently occupied. The units are fully furnished with laundry in each unit as well. The current management is willing to stay with the property. This portfolio has very strong cashflow and would require minimal oversight with current management in place. Call today for a showing!

Monthly Payment Calculator

© 2023 Des Moines Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Better Homes and Gardens Real Estate Innovations. Data last updated: 2023-10-01T13:22:15.01.
www.searchcentraliowahomes.com/homes/142655600
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808 6th Avenue W Grinnell, IA 50112

  • Price: $1,060,000
  • Status: Active
  • On Site: 40 Days
  • Updated: 54 min ago
  • MLS #: 680572
14
Beds
2
Baths
0
½ Baths
1.96
Acres
14,028
SQFT
$76
$/SQFT
1956
Built
Neighborhood:
Grinnell
County:
Poweshiek
Area:
Grinnell
School District:
Grinnellnewburg
Property Description
Rare Investment Opportunity in Grinnell. Four Winds North is 1 multi-family building located on a rural acreage with (8) 1 bedroom, 1 bathroom units. Four Winds South is a single family home that has been converted into 4 units. There are (2) 2 bedroom, 1 bathroom units and (2) 1 bedroom, 1 bathroom units. All of the units are rented by the week and are currently occupied. The units are fully furnished with laundry in each unit as well. The current management is willing to stay with the property. This portfolio has very strong cashflow and would require minimal oversight with current management in place. Call today for a showing!
Exterior Features

Attached Garage YN Yes Construction Materials VinylsidingWoodsiding Foundation Details BlockPoured Garage YN Yes Parking Features AttachedGarageTwocargarage Roof AsphaltShingle

Interior Features

Cooling Centralair Cooling YN Yes Furnished Furnished Heating ElectricForcedair Heating YN Yes

Property Features

Electric On Property YN Yes Gross Income 187836 Home Warranty YN No Lease Considered YN No Listing Terms CashConventional Operating Expense 90322 Owner Pays ElectricityGasWater Property Sub Type Apartment Sewer Publicsewer Structure Type ApartmentMultifamily Tax Annual Amount 9049 Tax Year 2022 Utilities ElectricityavailableNaturalgasavailableWateravailable Water Source Public Zoning M

Listing provided courtesy of Re/Max Partners Realty: (641) 236-6683. © 2023 Des Moines Multiple Listing Service.
© 2023 Des Moines Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Better Homes and Gardens Real Estate Innovations. Data last updated: 2023-10-01T13:22:15.01.
 
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