Grinnell, IA 50112 1629 Sunset Street

$1,650,000

1629 Sunset Street Grinnell, IA - Image 11629 Sunset Street Grinnell, IA - Image 21629 Sunset Street Grinnell, IA - Image 3
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Presented By: RE/MAX Partners Realty
  • Des Moines Area AOR (DMAAR) - 188 - IA
  • MLS# 705144
  • 10/02/2024
  • Request Tour
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  • Beds • 43
  • Baths • 22
  • SQFT • 10,038
  • Garage • 4

Home Details

Calling all Investors - Rare opportunity to acquire an Apartment Portfolio in Grinnell, IA! The portfolio has 22 multifamily and 3 commercial units. Downtown Main Street is 1 mixed-use building with 8 residential units and 3 commercial units. There are (2) 1 bedroom, (5) 2 bedroom, and (1) 3 bedroom residential units. Additionally, there are 3 commercial suites on the main floor. Coin Laundry is owned and located in the common area. The building has 8 private parking spots for residential tenants. Sunset Apartments is 1 multi-family building with 14 residential units, and 8 garage units. The building is comprised of all 2 bedroom units. Coin Laundry is owned and located in the common area. There are approximately 24 private parking spots for tenants. Offering Memorandum available upon request. Letter of Intent must be submitted prior to any showing.
Presented By: RE/MAX Partners Realty

Interior Features for 1629 Sunset Street

Bedrooms

Total Bedrooms43

Bathrooms

3/4 Baths0
Half Baths
Total Baths22

Other Interior Features

Air Conditioning Y/NYes
BasementFinished
Basement (Y/N)Yes
Below Grade Finished Area4083.0
Fireplace Y/NNo
Heating Y/NYes

General for 1629 Sunset Street

Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityGrinnell
Construction MaterialsBrick, VinylSiding
CoolingCentralAir
CountyPoweshiek
DirectionsUse GPS from location.
Electric On Property Y/NNo
Elementary School DistrictGrinnellNewburg
Full Baths22
Garage Spaces4.0
Garage Y/NYes
HOANo
HeatingBaseboard, Electric, ForcedAir, Gas, HeatPump, NaturalGas
High School DistrictGrinnellNewburg
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionWESTVIEW SUB LOTS 3 4 & 5 BLOCK 9 AND GRINNELL N 23' LOT 2 & S 72 1/2' LOT 3 BLOCK 7
Listing TermsCash, Conventional
Lot Size Square Feet33087.0
Lot Size UnitsAcres
MLS AreaGrinnell
Middle/Junior School DistrictGrinnellNewburg
MobileHomeRemainsYNNo
New ConstructionNo
NumberOfUnitsTotal25
Occupancy TypeTenant
PostalCityGrinnell
Property Attached Y/NNo
Property SubtypeApartment
Property TypeMultiFamily
Rent Control Y/NNo
RoofAsphalt, Rubber, Shingle
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Structure TypeApartment, MultiFamily
Tax Annual Amount22076.0
Tax Year2023
Waterfront Y/NNo
Year Built1989
ZoningR, C

Exterior for 1629 Sunset Street

Building Area Total10038.0
Crops Included Y/NNo
Foundation DetailsBlock, BrickMortar
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions246 x 134.50
Lot FeaturesRectangularLot
Lot Size Acres0.7596
Lot Size Area0.7596
Open Parking Y/NNo
Parking FeaturesDetached, Garage
Private PoolNo
Road Surface TypeConcrete
SpaNo
Water SourcePublic

Additional Details

Price History

Rachel Tiskevics

Realtor®
Price $1,650,000
MLS#705144
List Date 10/02/2024
Property Type Multi-Family
Phone 641.230.0537
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