1629 Sunset Street Active

Grinnell,IA 50112

$ 1650000

43 Beds

22 Baths

10038 SqFt


Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 10,038 sqft

Price per Sqft $164

MLS Listing ID 705144

Bedrooms 43

Full Baths 22

Year Built 1989

Annual Tax Amount $22,076

Tax Year 2023

Lot Size 0.760 Acres

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.

Location

State IA

County Poweshiek

Area Grinnell

Zoning R, C

Interior

Heating Baseboard,Electric,Forced Air,Gas,Heat Pump,Natural Gas

Cooling Central Air

Exterior

Garage Detached,Garage

Garage Spaces 4.0

Garage Description 4.0

Roof Type Asphalt,Rubber,Shingle

Building

Lot Description Rectangular Lot

Dwelling Type Apartment,Multi Family

Foundation Block,Brick/Mortar

Sewer Public Sewer

Water Public

Schools

School District Grinnellnewburg

Others

Monthly Total Fees $1,839

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

View More
Favorite Go Tour