917 Main Street
Grinnell, IA 50112
MLS #554365

Multi-Family
  • 0.12acres
$359,000
Est. P&I payment: $1371.14/mo
917 Main Street, Grinnell, IA 50112
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Description for 917 Main Street, Grinnell, IA 50112
Investment opportunity! A proven investment property in the heart of downtown Grinnell. One of the original buildings condomininiumized the residential second floor from the first floor commercial space, resulting in property tax reflective of the use of the various spaces. The property has been well cared for over the years. The second floor was built out in Dec. '04 and all apartments have separate utilities. The mechanical's and roof have been maintained and updated over the years. Just a reminder, all sewer and water lines were updated when the downtown street project was completed, approx. 10 years ago. An established tenant is at home on the first floor(Street Level), while the 3 apartments, all 2 bedroom with 1 or 2 bathrooms, show a history of consistent occupancy, with an occasional vacancy as the seasons change. If you're looking for an investment property to build/diversify your portfolio, call your agent today for a showing!
MLS #554365
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My Notes for MLS #554365

General Features

  • Property Type: Multi-Family
  • Style: See Remarks
  • Acres: 0.12
  • Year Built: 1901

Exterior Features

  • Exterior: Brick,​See Remarks
  • Acres: 0.12
  • Lot SF: 5,061
  • Lot Shape: Regular
  • Trim: Oak,​Paint,​Pine
  • Foundation: Brick,​Stone
  • Roof: Roll Roofing

Interior Features

  • Interior Features: Carpeting,​Hardwood Floors,​See Remarks,​Smoke Detector,​Vinyl
  • Square Feet Total: 8,400
  • Square Feet Bsmt: 4,200
  • Living Area Sq Ft: 8,400
  • Basement Desc: Partial Finished,​Unfinished

Utilities Features

  • Air Conditioning: Central
  • Heat Source: Natural
  • Heat: Gas Forced Air
  • Sewer: City
  • Water: City

Financial Features

  • Gross Taxes: 1,368
  • Net Taxes: 1,368

Community Features

  • School District: GrinnellNewburg

Misc Features

  • Parcel Number: 3,346,200
  • Zoning: M

Location

 
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Directions to 917 Main Street, Grinnell, IA 50112
North on Hwy 146 from I80. Turn East on 4th Ave. Turn North on Main Street. Destination on your left in the middle of the block.
The listing information for 917 Main Street, Grinnell, IA 50112 was graciously provided by our friends at the listing brokerage, Ramsey-Weeks, Inc.

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P&I Payment $1371.14
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Realty Lora & Co.'s websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Realty Lora & Co., Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 02/23/2018 at 1:55pm
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