Real Estate in Grinnell
Matt Karjalahti
641-243-8149641-243-8149

1123 1109 West Street, Grinnell, IA 50112 (MLS # 35014982)

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PRICE $997,000
BEDS n/a
BATHS 0 baths
HOME SIZE 10,768 sq ft
LOT SIZE 41,382 sqft

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.

DAYS ON MARKET 160 LAST UPDATED 10/23/2018
YEAR BUILT 1975 COUNTY Poweshiek
STATUS Sold PROPERTY TYPE(S) Income Property


ADDITIONAL DETAILS
# OF CARPORT SPACES 0
# PARK SPC (NOT GAR) 20
CARPORT No
COMMON APPLIANCES Dryer-Coin, Washer-Coin, Window A/C
COMMON FEATURES Carpets, Patio, Security Deposit, Vinyl/Laminate
COOLING Central A/C, Window A/C
DISABILITY ACCESS Yes
DISABILITY FEATURES Access Appr w/ Ramp
EXTERIOR Brick, Vinyl Siding
HEATING Gas Forced Air, Radiant
HOUSEKEEPING 0.00
LAWN AND SNOW CARE 0.00
PARKING Lot, Private Garage
PROPERTY SUBTYPE 1 Apartment
PROPERTY TYPE Multi Family
ROAD SURFACE Hard Surface
ROOF Flat, Metal, Other
SCHOOLS Grinnell Newburg
SIDEWALK Yes
TRASH/GARBAGE 0.00
UTIL. PAID BY OWNER Garbage, Water
UTIL. PAID BY RENTER Electricity
UTILITIES 0.00
WATER 0.00
ZONING Multi

ZESTIMATE
1123 1109 West Street, Grinnell, IA

RENT ZESTIMATE
$ / mo.  1123 1109 West Street, Grinnell, IA

82 Very Walkable

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Listed with RE/MAX Partners Realty

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  • Reviews

    5user2065666

    The main thing that stands out working with Matt is it was clear his goal was helping me find a home that I would be happy with now and for years to come. His realistic, easy-going, and common sense approach helped me feel comfortable working with him. ... (more)

    5user0235183

    The whole process of buying a house from start to finish which was about 10 months for us was made extremely easy with all of Matts knowledge and expertise. He not only knows about buying and selling houses he is also highly knowledgeable about the whole... (more)

    5user7758004

    We were first time buyers and new to Grinnell. Matt listened to how we described our ideal home AND how we described the level of work we wanted to put into remodeling a home. He also paid attention to who we were and how that translated into our needs in a... (more)

    Review Matt Karjalahti on Zillow.com