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Listed by Matthew Karjalahti RE/MAX Partners Realty, Grinnell
$ 139,900
Est. payment /mo
Active
929 - 931 Spring ST Grinnell, IA 50112
1,541 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,541 sqft
Price per Sqft $90
MLS Listing ID NOC6341948
Year Built 1900
Annual Tax Amount $1,945
Tax Year 2024
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 50X150
Property Sub-Type Duplex
Property Description
Welcome to an prime investment opportunity featuring strong occupancy history and extensive recent capital improvements, situated just two blocks from downtown and the hospital. This meticulously maintained duplex can generate up to $19,800.00 in annual gross rents, making it an ideal asset for both seasoned investors and buyers looking to owner occupy. The property consists of two distinct residential units, including a comfortable two bedroom layout as well as a second unit offering two bedrooms plus a versatile bonus room that works perfectly as an office, nursery, or extra living space. Essential updates have already been completed, giving the next owner true peace of mind. Capitalizing on recent high value renovations, the property features a newer roof, siding, and concrete sidewalk. Beyond the main structure, the lot includes a two car detached garage with convenient alley access, providing highly desirable off street parking or extra storage. Prime central location; this asset provides occupancy, reduced near term maintenance expenses. and strong appeal driven by its walkability to major employers, dining, downtown Grinnell and Unity Point Medical Center. Schedule your private showing today to add this income generating property to your portfolio.
Location
State IA
County Poweshiek
Area 1541
Direction hwy 6 west to Spring st. South to address
Rooms
Basement Partial
Interior
Heating Forced Air
Fireplace No
Exterior
Garage Spaces 2.0
View Y/N true
Accessibility None
Building
Story 2
Sewer City Sewer/Connected
Water Public
Structure Type Vinyl Siding
Schools
School District 2709 - Grinnell-Newburg
Others
Energy Description Natural Gas
Acceptable Financing NOC6341948
Listing Terms NOC6341948
Virtual Tour https://my.matterport.com/show/?m=f2cGhTBQg3Z
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