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200 S 2nd Street Clinton, IA 52732 Multi Unit - Multiple Active

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  • 200 S 2nd Street, Clinton, IA 52732 Main Photo

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Description

Incredible Mixed-Use Investment Opportunity in Clinton! Calling all investors, contractors, and visionary buyers! Bring your toolbelt and your imagination to this high-potential mixed-use property located at 200 S 2nd St in the heart of Clinton, IA. Boasting incredible versatility and great bone structure, this property is primed to become a massive cash-flowing asset. Additional information: The heavy lifting on the roof is finished, and the property is now ready for a complete cosmetic rehab to bring it to its full potential. Whether you look to rent out the individual apartments for $500-$600/month each and lease the commercial space for upwards of $1,200/month, or explore converting the entire building into residential multi-family units, the upside here is undeniable. Measurements are not actual, and will need to be verified by buyer/buyers agent. Only the upper residential unit can be viewed at this time. All showings must sign a Hold Harmless Agreement.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Sqft: 4,186
County: Clinton
Listed By:
The Riverview Group - Epique Realty 319-540-1002
MRED MLS
$45,000
Est. $399/mo
4,186sqft
New to the Market Active
BEDS0 BATHS SQUARE FEET4,186 MLS#12754840
STATUSActive PROPERTY TYPEMulti Unit - Multiple

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For Details, Contact

Ruhl&Ruhl Realtors
563.441.1776

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200 S 2nd Street, Clinton, IA 52732.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $45,000$45,000$45,000
Down Payment $9,000$1,575$11,250
Monthly Mortgage Amount $236$287$287
Taxes $63$63$63
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$20$0
Monthly Estimated Total $399$470$450

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