Callie Miller
- Buy
- Sell
https://www.ruhlmortgage.com/ChrisSchneider.html
Description
Excellent investment opportunity to acquire this rare multi-family residential and commercial triplex perfectly situated in a popular arterial commercial district. With separate gas and electric meters to keep overhead low, this property offers options to maximum returns. The property includes abundant front parking space, a highly coveted feature that comfortably accommodates multiple vehicles and provides easy, hassle-free access for commercial clients. Unit 1 (residential) provides a sprawling, rare 4-bedroom layout featuring 1 full bath, a 3/4 ensuite bath, and an additional half bath?ideal as a premium rental or spacious owner's quarters. Unit 2 (Residential) is an efficient 2-bedroom, 1-bathroom layout with lots of natural light. Unit 3 (Flexible/Commercial Space): The ultimate flex option, this space can be utilized immediately as commercial storefront/offices or add a shower and kitchen for comfortable residential living, allowing you to adapt seamlessly to market demand. Each unit has its own private entrance. This home offers a nice sized back yard and is steps away from a vibrant array of local stores, dining, and essential services. The location provides convenience for tenants and maximum accessibility for business operations. Whether you are looking to move in, expand a traditional portfolio, or blend commercial and residential, this versatile property could fit perfectly in your portfolio. To respect tenant privacy, interior photos are available upon request.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Sqft: 3,649
County: Jasper
Listed By:
All In Real Estate Inc
319-693-9301
No Coast MLS
MLS ID: 6342231
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1422 1st Avenue E, Newton, IA 50208.
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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 | $289,000 | $289,000 | $289,000 |
| Down Payment | $57,800 | $10,115 | $72,250 |
| Monthly Mortgage Amount | $1,519 | $1,864 | $1,873 |
| Taxes | $402 | $402 | $402 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $127 | $0 |
| Monthly Estimated Total | $2,021 | $2,493 | $2,375 |
Callie Miller
REALTOR®
Cell: (563) 676-9109
Licensed in Iowa
Bettendorf Office
1228 Middle Road
Bettendorf, IA 52722
(563) 441-5000
Bettendorf, IA 52722
(563) 441-5000
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Listings courtesy of No Coast MLS as distributed by MLS GRID.
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