Multi-family investment property in pristine condition. Quail Ridge is a 12 unit multi-family property on 1.37 acres. The SE Newton location allows easy I-80 access for commuters and is close to retail, the YMCA, 30 acre park and more. All 12 units have 2 bedrooms, 1 3/4 baths, great room with fireplace, laundry hook ups and a deck or patio. There are 3 floor plans all with an open concept, over sized closets and the master bedroom having a 3/4 bath. There are 2 garages providing 12 garage spaces total. The large parking lot provides 15 unassigned parking spaces. This property has been professionally maintained. Tenants pay their own utilities and owner provides trash/recycling containers. 100% occupancy for 2018 and only $365 vacancy in 2019.
Off market
$1,237,600
1820 S 13th Ave E, Newton, IA 50208
--beds
0baths
11,964sqft
MultiFamily
Built in 1995
-- sqft lot
$1,237,600 Zestimate®
$103/sqft
$1,064 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced air, Gas
Interior area
- Total interior livable area: 11,964 sqft
Property
Features
- Exterior features: Vinyl
Lot
- Size: 1.37 Acres
Details
- Zoning: R3; 1-12 Family
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1995
Utilities & green energy
- Utilities for property: 123.00
Community & neighborhood
Location
- Region: Newton
Other
Other facts
- AC Type: Central A/C
- Property Type: Multi Family
- Heating: Gas Forced Air
- Sidewalk: Yes
- Common Features: Carpets, W/D Hookups, Private Entrance, Vinyl/Laminate
- Util. Paid by Owner: Garbage, Common Area Only
- Util. Paid by Renter: Electricity, Gas, Water, Internet
- Roofing: Composition
- # of Carport Spaces: 0
- Water: 0.00
- Parking: Private Garage, Lot
- Road Surface: Hard Surface
- Schools: Newton
- Property Subtype 1: Apartment
- Exterior: Vinyl Siding
- SqFt Main: 21.00
- Housekeeping: 4.00
- Lawn and Snow Care: 159.00
- # Park Spc (Not Gar): 15
- Trash/Garbage: 140.00
- Utilities: 123.00
- Zoning: R3; 1-12 Family