$1,650,000/mo

1629 Sunset Street, Grinnell, IA 50112

  • 43 beds |
  • 22 baths |
  • 10,038 sqft
  • Property Icon Rental
  • Property Year Built Icon Built in 1989
  • Property Lot Size Icon0.76acre lot
  • Property Parking Icon 4 car garage
  • Property Price Per Square Feet Icon $164/sqft
  • Property List Date Icon Listed 11 months ago

Property Description

Calling all Investors - Rare opportunity to acquire an Apartment Portfolio in Grinnell, IA! The portfolio has 22 multifamily and 3 commercial units. Downtown Main Street is 1 mixed-use building with 8 residential units and 3 commercial units. There are (2) 1 bedroom, (5) 2 bedroom, and (1) 3 bedroom residential units. Additionally, there are 3 commercial suites on the main floor. Coin Laundry is owned and located in the common area. The building has 8 private parking spots for residential tenants. Sunset Apartments is 1 multi-family building with 14 residential units, and 8 garage units. The building is comprised of all 2 bedroom units. Coin Laundry is owned and located in the common area. There are approximately 24 private parking spots for tenants. Offering Memorandum available upon request. Letter of Intent must be submitted prior to any showing.

Listing Status:
Active
Date Added:
October 2, 2024 at 05:00AM
Listing Office:
RE/MAX Partners Realty : (641) 236-6683
Listing Agent:
Bennett Wiltfang : (641) 990-3878
MLS ID:
705144
  • Basement: Finished
  • A/C: Central Air
  • Heating: BaseboardElectricForced AirGasHeat PumpNatural Gas

This listing courtesy of Bennett Wiltfang, RE/MAX Partners Realty

Location

Schools Nearby

B

Bailey Park Elementary School

210 8th Ave, Grinnell, IA, 50112

Grades KG-2

0.42 miles away

G

Grinnell Community Middle School

132 East St S, Grinnell, IA, 50112

Grades 5-8

1.96 miles away

G

Grinnell Community Senior High School

1333 Sunset St, Grinnell, IA, 50112

Grades 9-12

0.23 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.