615 East ST,
Huge investment potential! 4 apartment buildings with 27 2 bedroom units, 4 1 bedroom units, 14 garage units, 615, 627 & 631 East St, 616 & 628 High St. Very low vacancy. Average rent of about $605.00 for the 2 bedroom units, $450.00 for the one bedroom units, $50.00 for the one stall garages, with laundry income! Most of the units have been greatly renovated and improved. 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. Walking distance to Grinnell College, & Downtown Grinnell. Don't miss out on the opportunity of these proven and producing income properties.
County School District