$1,650,000
 $8,858 est/mo Sourced by Back At You

1629 Sunset Street , Grinnell, IA 50112

Grinnell, IA 50112

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Description

Calling all Investors - Rare opportunity to acquire an Apartment Portfolio in Grinnell, IA! The portfolio has 22 multifamily and 3 commercial units. Downtown Main Street is 1 mixed-use building with 8 residential units and 3 commercial units. There are (2) 1 bedroom, (5) 2 bedroom, and (1) 3 bedroom residential units. Additionally, there are 3 commercial suites on the main floor. Coin Laundry is owned and located in the common area. The building has 8 private parking spots for residential tenants. Sunset Apartments is 1 multi-family building with 14 residential units, and 8 garage units. The building is comprised of all 2 bedroom units. Coin Laundry is owned and located in the common area. There are approximately 24 private parking spots for tenants. Offering Memorandum available upon request. Letter of Intent must be submitted prior to any showing.

Details

MLS#705144
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1989
Days On Site164
Listing Provided ByRE/MAX Partners Realty | Bennett Wiltfang

Features

Bed(s)43
Bath(s) 22 Total
SQ Feet10,038
Garage4
BasementY
Units25
ZoningR, C
Acreage0.76
The information is being provided by Des Moines Area Association of REALTORS®. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Des Moines Area Association of REALTORS®. All Rights Reserved.

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Learn More About This Property

StateIA
CountyPoweshiek
CityGrinnell
Zip Code50112
AreaGrinnell
School DistrictGrinnellNewburg
Elementary SchoolGrinnellNewburg
Middle SchoolGrinnellNewburg
High SchoolGrinnellNewburg
Listing VS Median (In 50112)
Price:
$1,650,000
low | high
Med:
$249,950
100% of Average
SqFt:
10,038
low | high
Med:
2,174
100% of Average
$ / SqFt:
$164
low | high
Med:
$115
79.90000367039% of Average
On site:
164
low | high
Med:
219.000000
74.885844748858% of Average
Sourced by Back At You
Listing Updated: March 1, 2025 at 8:24:10 AM PST