Misty Grady
- Buy
- Sell
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 generates $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.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Sqft: 1,541
County: Poweshiek
Listed By:
RE/MAX Partners Realty, Grinnell
641-236-6683
No Coast MLS
MLS ID: 6341948
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929 - 931 Spring Street, Grinnell, IA 50112.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $159,900 | $159,900 | $159,900 |
| Down Payment | $31,980 | $5,597 | $39,975 |
| Monthly Mortgage Amount | $798 | $980 | $996 |
| Taxes | $223 | $223 | $223 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $70 | $0 |
| Monthly Estimated Total | $1,121 | $1,373 | $1,319 |
Misty Grady
REALTOR®
Office: (563) 441-5247
Cell: (563) 320-1621
Licensed in IA and IL
Corporate Office
5704 Utica Ridge Road
Davenport, IA 52807
(563) 441-5200
Davenport, IA 52807
(563) 441-5200
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