$699,000 $3,752 est/mo Sourced by Back At You

104 1st Avenue E 1,Newton, IA 50208

Newton IA, 50208

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Description

Investors special, lots of potential! This was a passion project for current owner. Property has not been lived in since current owners have owner it, looking for someone to carry on the project. All units are deeded as condominiums. The seller owns all 15 units and would like to sell them as a portfolio. 11 of the 15 units have been remodeled with amish craftsmanship, quality and uniqueness. The 4 others are down to studs and would need to be finished by new buyer. Lots of materials there to help finish the units. The common area has also been remodeled. All units are located on the second level of the Jewel building located across from the court house in downtown Newton. Total sq footage of all units is 7,693. There are 2 entrances into the building, one off 1st Ave, one off 1st street. All information obtained from seller and public records.

Details

MLS#692679
Listing TypeFor Sale
Suite Number1
HOA Dues$6,400
Sub-TypeResale
StatusActive
Year1900
Days On Site55
Listing Provided ByAgency Iowa | Bergman, Scot

Features

Bed(s)12
Bath(s) 14 Total
SQ Feet514
Units15
ZoningResid

Market Activity 50208

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 2024 Des Moines Area Association of REALTORS®. All Rights Reserved.

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Listings Checked: 51 seconds ago
StateIA
CountyJasper
CityNewton
Zip Code50208
AreaNewton
Listing VS Median (in 50208)
Price:
$699,000
low | high
Med:
$229,500
100% of Average
SqFt:
514
low | high
Med:
1,022
48.832684824903% of Average
$ / SqFt:
$1,360
low | high
Med:
$225
100% of Average
On Site:
55
low | high
Med:
17.000000
100% of Average
Sourced by Back At You
Listing Updated: April 11, 2024 at 12:12:12 PM PDT