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1629 Sunset Street, Grinnell, IA 50112

$875,000

Price Adjustment
  • MLS# 729235
  • Bedrooms 28
  • Bathrooms 14
  • Total Sq.ft 10,038
  • Property Type Multi-Family
  • Style TwoStory
  • Stories 2
  • Year Built 1989

Property Description

Investment Opportunity – Sunset Apartments, Grinnell, IA. Welcome to Sunset Apartments, a well-maintained multifamily investment property located on the northwest side of Grinnell, just north of Grinnell High School. This property features one multi-family building consisting of 14 two-bedroom residential units and 10 garage units. Each apartment is individually sub-metered for utilities, with all utilities tenant-paid, ensuring efficient management and predictable expenses. Additional income is generated through an on-site, owner-operated coin laundry conveniently located in the common area. The property also offers approximately 24 private parking spaces for tenants. Offering Memorandum available upon request. A Letter of Intent must be submitted and accepted by the Seller prior to scheduling any property tours.

Legal: WESTVIEW SUB LOTS 3 4 & 5 BLOCK 9
Active

Property Information

729235 $875,000 Sale TwoStory MultiFamily 1629 Sunset Street Grinnell Poweshiek IA 50112 28 10038 14 14 2 10038 33087 Detached, Garage 4 Grinnell 13024 2024 1989 GrinnellNewburg

Features

RectangularLot TwoStory

Utilities

ForcedAir, Gas, NaturalGas Public PublicSewer CentralAir No

Miscellaneous

Brick

LISTED BY

RE/MAX Partners Realty, Bennett Wiltfang (641.990.3878) & RE/MAX Partners Realty, Matthew Karjalahti (641.260.0672)

Property Location

Request Info For MLS #729235

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