920 High St - Apartments FOR SALE


Grinnell, IA 50112
$354,900 USD
641-325-0010
920 High St, Grinnell, IA for Sale
$354,900 USD
Apartments - FOR SALE
1/62
null | 8.24% Cap Rate

920 High St
Grinnell, IA 50112


OVERVIEW

Multi-family house with individual 5 units. Typically rented to college students. This property is located a block and half from the college and walking distance to downtown. starting from the bottom up, the basement has two - 1 bedroom/1 bath apartments. The main floor has one apartment with 2-3 bedrooms and 1 bath. The second floor has one - 1 bedroom/ 1 bath apartment. The second/third floor has one - 2-3 bedroom/1 bath apartment. In the back basement there is a coin operated washer and dryer. There is also a detached 2 car garage that could also be rented out. New roof, gutter and fascia on both the house and garage, new rubber roof on front porch and new siding from the hail storm in 2023. Grinnell in centrally located on I80 between Des Moines and Iowa City.

FOR SALE DETAILS

PRICE

$354,900 USD

PRICE/SF

$109 USD /SF

# OF UNITS

5

PRICE/UNIT

$70,980

CAP RATE

8.24%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

-

APN/PARCEL ID

180-0516000

ASK ABOUT THIS PROPERTY

Penny GableTurnkey Realty LlcMore Info
641-325-0010

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Penny GableTurnkey Realty LlcMore Info
641-325-0010

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.