• NEWLY PRICED $10,000
  • Luxury
  • Pending
  • Rental
  • New Listing 10/30/2017
  • Open House 

917 Main Street, Grinnell, IA 50112

  • 0Beds
  • 0Baths
  • 8,400 Sqft
  • $349,000

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Details

  • Listing ID: 554365
  • Builder:
  • Development:
  • County: Poweshiek
  • Style: See Remarks
  • Year Built: 1901
  • New Construction: No
  • Home Warranty: No
  • Property Class: Multi-Family
  • School District: GrinnellNewburg

Property Description


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!

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property alerts

  • For more information on this property, call Berkshire Hathaway HomeServices First Realty at (515) 453-7107

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  • Property type : Multi-Family
  • Status : Active
  • MLS# 554365
  • List price is $349,000
  • Beds : 0
  • Baths : 0 (0 full)
  • Built in 1901
  • 8,400 sqft
  • Stories
  • County : Poweshiek
  • Acres0.1200
  • Air ConditioningCentral
  • Assn Fee YN0
  • Basement DescPartial Finished, Unfinished
  • Baths Full0
  • Baths Half0
  • DirectionsNorth 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.
  • ExteriorBrick, See Remarks
  • FoundationBrick, Stone
  • Gross Taxes1368.00
  • HeatGas Forced Air
  • Heat SourceNatural
  • IDX Opt In YN1
  • Interior FeaturesCarpeting, Hardwood Floors, See Remarks, Smoke Detector, Vinyl
  • Living Area Sq Ft8400
  • Lot SF5061
  • Lot ShapeRegular
  • Net Taxes1368.00
  • Partial Bath Total0
  • RemarksInvestment 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!
  • RoofRoll Roofing
  • School DistrictGrinnellNewburg
  • SewerCity
  • Sq Ft Total8400
  • Sqft Bsmt4200
  • StyleSee Remarks
  • Terms AvailableCash, Conventional
  • TrimOak, Paint, Pine
  • WaterCity
  • Year Built1901
  • Bedrooms
  •  
    • 0
    • 0
    • 0
    • 0
    • 0
    • 0
    • 0
  • Bathrooms
  • Full
  • Partial
  • Half
    • 0
    • 0
    • 0
    • 0
    • 0
    • 0
    • 0
    • 0
    • 0
    • 0
    • 0
    • 0
    • 0
    • 0
    • 0
    • 0
    • 0
    • 0

Structure

  • FoundationBrick, Stone
  • ExteriorBrick, See Remarks
  • BasementPartial Finished, Unfinished
  • RoofRoll Roofing
  • StreetConcrete
  • Interior TrimOak, Paint, Pine
  • Development

Size & Lot

  • Lot SF5061
  • Acres0.12
  • Above Grade SF8400
  • Basement SF4200
  • Total Finished SF8400

Utilities

  • HeatGas Forced Air
  • Air ConditioningCentral
  • WaterCity
  • SewerCity
  • GasNatural

Tax & Terms Information

  • Gross Taxes$1368
  • Net Taxes$1368
  • Terms AvailableCash, Conventional

Interior Features

  • Carpeting, Hardwood Floors, See Remarks, Smoke Detector, Vinyl

Directions

  • 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.

Association Fees

  • $

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Walking Score

Walk Score

82/100

VeryWalkable

Travel Score

Transit Score

82/100

VeryWalkable

Nearby Schools

bailey park elementary school k-2
210 8th Ave, Grinnell, IA 50112
grinnell, IA 50112
place0.53 miles from listing web Website
staff members 176 total students Poverty level: percent Enrollment change:
davis elementary school 3-4
818 Hamilton Ave, Grinnell, IA 50112
grinnell, IA 50112
place0.50 miles from listing web Website
staff members 238 total students Poverty level: percent Enrollment change:
fairview elementary school pk-2
1310 Hobart St, Grinnell, IA 50112
grinnell, IA 50112
place0.83 miles from listing web Website
staff members 264 total students Poverty level: percent Enrollment change:
grinnell community senior high school 9-12
1333 Sunset St, Grinnell, IA 50112
grinnell, IA 50112
place0.80 miles from listing web Website
staff members 517 total students Poverty level: percent Enrollment change:
grinnell community middle school 5-8
132 East St So., Grinnell, IA 50112
grinnell, IA 50112
place1.05 miles from listing web Website
staff members 489 total students Poverty level: percent Enrollment change:
central iowa christian school pk-8
201 West 6th Avenue, Grinnell, IA 50112
grinnell, IA 50112
place1.07 miles from listing web Website
staff members 61 total students Poverty level: percent Enrollment change:
Listing courtesy of:  Ramsey-Weeks, Inc.
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