Strong income property for sale. Strategically located adjacent to Grinnell College administrative offices across paved alley, and two blocks from downtown Grinnell. Five income producing units in the large two story home, along with a detached studio apartment off of the alley. Updates include a new metal roof, new windows in 2019, and the exterior was repainted in 2018. Renovated front entrance of the house in 2018. The property has historically been rented at 100% occupancy. Appliances are in good working condition with a new stove recently installed in the studio apartment. Coin operated laundry was added in 2018. Rent rates available upon request.
Off market
$290,700
1120 Broad St, Grinnell, IA 50112
--beds
5baths
4,633sqft
MultiFamily
Built in 1900
-- sqft lot
$290,700 Zestimate®
$63/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 5
Heating
- Baseboard, Forced air, Gas
Interior area
- Total interior livable area: 4,633 sqft
Property
Features
- Exterior features: Wood
Lot
- Size: 0.34 Acres
Details
- Parcel number: 0473300
Construction
Type & style
- Home type: MultiFamily
Materials
- Frame
- Foundation: Concrete
- Roof: Metal
Condition
- Year built: 1900
Utilities & green energy
- Sewer: City
Community & neighborhood
Location
- Region: Grinnell
Other
Other facts
- Air Conditioning: Window Unit
- Basement Desc: Daylight Window, Unfinished
- Foundation: Stone
- Exterior: Frame, See Remarks
- Heat: Gas Forced Air, Electric Baseboard
- Property Type: Multi-Family
- Last Change Type: Back On Market
- Style: See Remarks
- MLS: Des Moines
- Heat Source: Natural
- Lot Shape: Regular
- Sewer: City
- Water: City
- Driveway: Gravel
- Trim: Paint, Oak
- Roof: Metal
- Sellers Request: 0
- Geocode Source: PxPoint
- Parcel Number: 0473300
Services availability

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