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

1604 5th Avenue, Grinnell, IA 50112 (MLS # 35016022)

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PRICE $112,500
BEDS n/a
BATHS 0 baths
HOME SIZE 1,600 sq ft
LOT SIZE 15,246 sqft

Great opportunity for an investment property that produces monthly cash flow. It's rarely empty & rents at the higher end of the rent scale for Grinnell! Boasts 3 spacious apartments. Apt 1: main level, 2 bedrooms, large full bathroom, kitchen, dining area, living room, & washer/dryer hook-ups. Apt 2: upper level, 3 bedrooms, kitchen, & full bathroom. Apt 3: lower level, 1 bedroom, large kitchen, full bathroom, & washer/dryer hook-ups. All appliances stay with the property - 3 refrigerators, 3 stoves, 1 washer & 1 dryer. Apt's 1 & 2 have a common entrance with separate locked apartment doors; Apt 3 has a separate side entrance. Vinyl siding new 2004, windows new 2004, 2 furnaces (Goodman -96% efficient) installed 2005, new asphalt architectural 30-year shingle roof 2010, main sewer line replaced in 2016. Great investment opportunity or you could buy & convert into a single family home. Let tenants pay your rent! Priced to sell, this one won't last long!

DAYS ON MARKET 52 LAST UPDATED 1/2/2019
YEAR BUILT 1900 COUNTY Poweshiek
STATUS Active PROPERTY TYPE(S) Income Property


ADDITIONAL DETAILS
# OF CARPORT SPACES 0
# PARK SPC (NOT GAR) 0
COMMON FEATURES Private Entrance
COOLING Window A/C
DISABILITY ACCESS No
EXTERIOR Vinyl Siding
HEATING Gas Forced Air
HOUSEKEEPING 0.00
LAWN AND SNOW CARE 200.00
PROPERTY SUBTYPE 1 3 Family
PROPERTY TYPE Multi Family
SCHOOLS Grinnell Newburg
TRASH/GARBAGE 0.00
UTIL. PAID BY OWNER None
UTIL. PAID BY RENTER Electricity, Garbage, Gas, Water
UTILITIES 347.00
WATER 100.00
ZONING M

ZESTIMATE
$108030  1604 5th Avenue, Grinnell, IA

RENT ZESTIMATE
$1080 / mo.  1604 5th Avenue, Grinnell, IA

46 Car-Dependent

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Listed with Heartland Iowa 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