Newton, IA 50208 104 1st Avenue E 1

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Presented By: Agency Iowa
  • Des Moines Area AOR (DMAAR) - 188 - IA
  • MLS# 692679
  • 04/05/2024
  • Request Tour
  • Request Info
  • Beds • 12
  • Baths • 14
  • SQFT • 514

Home Details

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.
Presented By: Agency Iowa

Interior Features for 104 1st Avenue E 1

Bedrooms

Total Bedrooms12

Bathrooms

3/4 Baths0
Half Baths
Total Baths14

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes

General for 104 1st Avenue E 1

Additional Parcels Y/NNo
Assoc Fee Paid PerAnnually
Association NameTBD
AssociationName2TBD
Attached Garage No
Carport Y/NNo
CityNewton
CoolingCentralAir
CountyJasper
Days on Market80
DirectionsFrom US-6 E, turn right onto 1st Ave W, building on the left.
Elementary School DistrictNewton
Full Baths14
Garage Y/NNo
HOA6400.0
HeatingElectric, ForcedAir
High School DistrictNewton
Home Owner AssocYes
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionORIGINAL PLAT LOT 6 & S 44' LOT 5 BLK 15 ALSO KNOWN AS JEWEL CONDO UNIT 1
Lot Size UnitsAcres
MLS AreaNewton
Middle/Junior School DistrictNewton
MobileHomeRemainsYNNo
New ConstructionNo
NumberOfUnitsTotal15
Occupancy TypeVacant
PostalCityNewton
Private PoolNo
Property Attached Y/NNo
Property TypeMultiFamily
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Tax Annual Amount9434.82
TermsCash, Conventional
Unit Number1
View Y/NNo
Waterfront Y/NNo
Year Built1900
ZoningResid

Exterior for 104 1st Avenue E 1

Building Area Total514.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Open Parking Y/NNo
Road Surface TypeConcrete
SpaNo
Water SourcePublic

Additional Details

Price History

Rachel Tiskevics

Realtor®
Price $599,000
MLS#692679
List Date 04/05/2024
Property Type Multi-Family
Phone 641.230.0537
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Afton Powell

Buyers/Seller Agent
Price $599,000
MLS#692679
List Date 04/05/2024
Property Type Multi-Family
Phone 540.236.8964
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