Price
$ 1,100,000
Pending
1109 West ST, Grinnell, IA 50112  
  • 0 beds
  • 10,768 sqft

1109 West ST, Grinnell, IA 50112  

Huge investment potential 2 BLOCKS FROM GRINNELL COLLEGE! 3 apartment buildings with 16 2 bedroom units, 2 1 bedroom units, 14 garage units, & 2 commercial retail/office units. 1109 & 1115 West St. Very low vacancy. Average rent of about $600.00 for the 2 bedroom units, $445.00 for the one bedroom units, $50.00 for the one stall garages, Most of the units have been greatly renovated and improved. After much hard work and a lot of capital, these properties have been transformed into some of the nicest apartment rentals in Grinnell. Representing a large fraction of Grinnell's rental marketshare, and in their current condition, these remarkable properties will be able to produce generous income for many years to come. Don't miss out on the opportunity of these proven and producing income properties.

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  • Listing Type Multi-Family
  • Listing ID 562605
  • Bedrooms 0
  • House Size 10,768 sqft
  • Lot Size 0.95 acres
  • Listing Status Contract Pending
  • Year Built 1975
  • County Poweshiek
  • County School District GrinnellNewburg
  • Zoning Res
  • Taxes 14334.0
Listing courtesy of RE/MAX Partners Realty

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