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929 - 931 Spring Street, Grinnell, Iowa 50112

IA, Grinnell
$159,900
  • 1,541 Sqft
  • Residential Income Property Type
  • 1900 Year Built
  • Active Status
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 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.

Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 6341948
  • Price: $159,900
  • Square Footage: 1,541 Sqft
  • Year Built: 1900
  • Lot Area: 0.17 Acre
  • Status: Active
  • Office Name: RE/MAX Partners Realty, Grinnell
  • Agent Name: Matthew Karjalahti
  • Property Sub Type: Duplex
Features
  • Heating System Forced Air
  • Basement Partial
  • Sewer City Sewer/Connected
Address Map
  • Country US
  • State IA
  • County Poweshiek
  • City Grinnell
  • Zipcode 50112
  • Street: Spring
  • Street Number: 929 - 931
  • Street Suffix: Street
  • Longitude: W93° 16' 15''
  • Latitude: N41° 44' 39.9''
  • Directions: hwy 6 west to Spring st. South to address
Additional Information
  • Accessibility Features: None
  • Construction Materials: Vinyl Siding
  • Garage: 2
  • Lot Size Dimensions: 50X150
  • Number Of Units Total: 2
  • Previous Price: 159900
  • Stories: 2
  • Virtual Tour: https://my.matterport.com/show/?m=f2cGhTBQg3Z
  • Water Source: Public
Financial
  • Tax Annual Amount: 1945
Map
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