1824-1826 North 2nd Street, Unit 4

Clinton, IA 52732

$199,000
Price
—
Beds
4,135 Sq. Ft.
$48 / Sq. Ft.
4,135
Sq. Ft.
$48
per Sq. Ft.

Description

Terrific investment opportunity. 4-unit multi-family property, fully leased and generating steady revenue, is now for sale! City rental occupancy certificate is updated and approved. The two main floor apartments have kitchens with appliances (new washer installed 10.3.24 in unit 1824) and bathrooms - each remodeled and updated within the last four years. New flooring was installed throughout with new paint or wall coverings when the main floor units were remodeled. Roof was recoated 7 years ago....Terrific investment opportunity. 4-unit multi-family property, fully leased and generating steady revenue, is now for sale! City rental occupancy certificate is updated and approved. The two main floor apartments have kitchens with appliances (new washer installed 10.3.24 in unit 1824) and bathrooms - each remodeled and updated within the last four years. New flooring was installed throughout with new paint or wall coverings when the main floor units were remodeled. Roof was recoated 7 years ago. Siding on the upper half of the building was new in 2015 plus a steel roof of the garage space and both front bay windows were updated. Each tenant pays their own heat and electric. Unit 124 pays $50/month to rent a garage. Unit 126 pays for their own gas for heat Unit 124 has their own washer/dryer Any measurements are approximate and to be verified by buyer Realtor.
  1. Listed by Dennis Lauver • Coldwell Banker Howes & Jefferies REALTORS • Cell: 563-503-9663

Property Details for 1824-1826 North 2nd Street, Unit 4

Parking Total
4.0
Subdivision Name
Deed to Lyons City
LISTING UPDATED: 10/06/2024 03:01 PM

Property Details for 1824-1826 North 2nd Street, Unit 4

StatusActive
MLS #QC4245394
Days on Market413
Taxes$1,788 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Residential Income
Year Built1900
Lot Size0.11 AC / 4,791 SF
CountyClinton County

Building Information for 1824-1826 North 2nd Street, Unit 4

Stories-Residences4Year Built1900Building Size-Lot Size0.11 AC / 4,791 SF

Property Information for 1824-1826 North 2nd Street, Unit 4

Summary
Location and General Information
  • City: Clinton
  • County Or Parish: Clinton
  • Directions: At the SW corner of 19th Avenue N and N 2nd St. Across the street from Walgreens.
  • Latitude: 41.8659081876023
  • Longitude: -90.1824899971008
  • MLSArea Minor: QCARA Area
  • Postal Code: 52732
  • State Or Province: IA
Taxes and HOA Information
  • Parcel Number: 86-0747-0000
  • Tax Annual Amount: $1,788
  • Tax Legal Description: DEEDS ADD TO LYONS CITY S 1/2 OF LOTS 1 TO 4 INC BLK 13
  • Tax Year: 2022
School Information
  • Elementary School: Eagle Heights
  • High School: Clinton High
  • Middle Or Junior School: Clinton
Parking
  • Parking Features: Parking Pad
Property
Lot Information
  • Structure Type: Two or More Story, Apartment Building
  • Building Area Total: 4135.0
  • Lot Features: Level
  • Lot Size Acres: 0.11
  • Lot Size Dimensions: 50 x 97
  • Number Of Units Total: 4
  • 100 Year Plain: No
  • Road Surface Type: Curbs & Gutters
Property and Assessments
  • Documents Available: Legal Description,Tenant Lease(s)
  • New Construction: No
  • Year Built: 1900
Utilities
  • Number Of Electric Meters: 4
  • Number Of Gas Meters: 2
  • Numberof Water Meters: 1
  • Water Sewer Expense: $1,864
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Roof: Rubber
  • Construction Materials: Vinyl Siding, Wood Siding
Interior Features
  • Basement: Full
  • Heating: Forced Air, Gas, Gas Water Heater
  • Interior Features: Cable Available
  • Number Of Central Air Units: 1
  • Number Of Heating Units: 2
  • Number Of Water Heaters: 1
  • Operating Recording Device: None
Multi Family
Income & Expenses
  • Electric Expense: $0
  • Gross Income: $30,000
  • Gross Scheduled Income: $30,000
  • Insurance Expense: $1,335
  • Maintenance Expense: $1,174
  • Manager Expense: $0
  • Net Operating Income: $18,725
  • Operating Expense: $9,487
  • Advertising Expense: 0
  • Gas Expense: 3747
  • Misc Annual Income: 0
  • Trash Expense: $1,367
Unit 1
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 1
  • Number Parking: 1
  • Number Uncovered: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
Unit 2
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
Unit 3
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3
Unit 4
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 4
Rental
Rent Information
  • Lease Term: Month To Month
  • Tenant Pays: Gas & Electric

Property History for 1824-1826 North 2nd Street, Unit 4

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1824-1826 North 2nd Street, Unit 4

Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Private - K to 12
Rating
School
Distance
Eagle Heights Elementary School
PublicPK to 5

Clinton Middle School
Public6 to 8

Clinton High School
Public9 to 12

Unity Christian High School
PrivateK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1824-1826 North 2nd Street, Unit 4 is a multi-family home for sale in Clinton, IA 52732. This property was listed for sale on August 9, 2023 by Coldwell Banker Howes & Jefferies REALTORS, it's currently listed at $199,000. Nearby schools include Eagle Heights Elementary School, Clinton Middle School and Clinton High School. 1824-1826 North 2nd Street, Unit 4 is a 0-bed, 0-bath, 4,135 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Howes & Jefferies REALTORS

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