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809 5th Avenue, Grinnell, IA 50112

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For Sale

$265,000

1 beds • 1 baths • 4,200 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $63.10
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

Outstanding investment opportunity within the same block as the college's new downtown residence hall (Renfrow Hall) and the yet to be built apartment complex on Main Street adjacent to McNally s Food. Two income streams: the street front portion is commercially rented as office space featuring 7 private offices, a handicap accessible bathroom, waiting area and a reception area. The back space is a one-bedroom apartment with off street parking at the entrance to the apartment. Both spaces were built new in 2018. The front commercial space includes forced air heat and central air conditioning. The back apartment is heated and cooled with a mini split system. The rubber roof was replaced new in 2023. Both spaces are leased through fall of 2024.
MLS# 690089

Courtesy Of Ramsey-Weeks Inc.

(541) 915-0940

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Basement
  • Appliances
    Dryer, Refrigerator, Washer
  • Architecture Style
    Ranch
  • Cooling System
    Central A/C
  • Exterior Type
    Brick
  • Floor Covering
    Carpet
  • Heating Fuel
    Natural Gas
  • Heating System
    Forced Air
  • Lot Size
    0.06 Acres
  • Roof Type
    Unknown
  • Rooms
    Basement, Bedroom, Full Bath

Map and Directions

Directions to 809 5th Avenue, Grinnell, IA 50112

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(515) 233-2623
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Monthly Payment Breakdown

  • Principle and Interest
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  • Hazard Insurance
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  • Private Mortgage Insurance
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2024 Des Moines Area Association of REALTORS ®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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