615 East Street
Grinnell, IA 50112
MLS #35014637

Multi Family
  • 0.28acres
  • 12,375sq ft
Est. P&I payment: $821.15/mo
615 East Street, Grinnell, IA 50112
  • 615 East Street, Grinnell, IA 50112 Photo 1
  • 615 East Street, Grinnell, IA 50112 Photo 2
Description for 615 East Street, Grinnell, IA 50112
Three unit apartment building in Grinnell. Two one bedroom Main floor units. One, second floor two bedroom unit. Three off street parking spots and there single car garages. This property is fully rented and has nice cash flow. If you're looking for your first investment property or add another property to your portfolio, this could be it!
MLS #35014637
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My Notes for MLS #35014637

General Features

  • Acres: 0.28
  • Area: Central
  • Lot Square Footage: 12,375
  • Price Per Acre: 756,775.78
  • Price Per Square Foot: 88.7
  • Property Subtype 1: 3 Fa
  • Property Subtype 2: Apar
  • Property Type: Multi Family
  • Square Footage: 2,424
  • Year Built: 1978
  • Garage Spaces: 3
  • Disability Access: No
  • Common Features: Carpets,​Vinyl/Laminate
  • Lawn and Snow Care: 116.67
  • Lot Dimensions: 75x165
  • Parking: Private Garage
  • # Park Spc (Not Gar): 6
  • Road Surface: Hard Surface
  • Total # of Units: 3
  • Zoning: Multi Residential

Miscellaneous Features

  • Auction: N

Interior Features

  • Common Appliances: Window A/C

Financial Features

  • Annual Gross Income: 19,080
  • Monthly Insurance: 100
  • Monthly Tax: 204.83
  • Net Tax: 2,457.96
  • Total Month Expenses: 421.5
  • Util. Paid by Owner: None
  • Util. Paid by Renter: Cable/Satellite,​Electricity,​Garbage,​Gas,​Internet,​Water
  • Net Annual Income: -14,022

Utility Features

  • Cooling: Window A/C
  • Heating: Radiant

School Features

  • Schools: Grinnell Newburg

Exterior Features

  • Exterior: Bric


Street View Not Available
The listing information for 615 East Street, Grinnell, IA 50112 was graciously provided by our friends at the listing brokerage, RE/MAX Partners Realty

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P&I Payment $821.15
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on McNaul Real Estate Inc.'s websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. McNaul Real Estate Inc., Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 04/21/2018 at 5:54am
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