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$1,650,000
79 Days On Site

1629 Sunset Street
Grinnell, IA 50112

For Sale|Apartment|Active
43
Beds
22
Full Baths
0
Partial Baths
10,038
SqFt
$164
/SqFt
1989
Built
County:
Poweshiek

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(641) 780-4373
1629 Sunset Street1629 Sunset Street1629 Sunset Street1629 Sunset Street
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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.

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Listing Snapshot
Price 
$1,650,000
Days On Site 
79 Days
Bedrooms 
43
Inside Area (SqFt) 
10,038 sqft
Total Baths 
22
Full Baths 
22
Partial Baths 
N/A
Lot Size 
0.7596 Acres
Year Built 
1989
MLS® Number 
705144
Status 
Active
Property Tax 
$22,076
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 months agoListing first seen on site
3 months agoListing updated with changes from the MLS®
General Features
Acres 
0.7596
Foundation 
BlockBrick/Mortar
Garage 
Yes
Garage Spaces 
4
Parking 
DetachedGarage
Property Sub Type 
Apartment
Sewer 
Public Sewer
SqFt Below 
4083
SqFt Total 
10038
Water Source 
Public
Zoning 
R, C
Interior Features
Basement 
Finished
Cooling 
Central Air
Heating 
Natural GasBaseboardElectricForced AirHeat Pump
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Exterior Features
Construction Details 
BrickVinyl Siding
Lot Features 
Rectangular Lot
Roof 
AsphaltRubberShingle
Community Features
Financing Terms Available 
CashConventional
MLS Area 
Grinnell
Roads 
Concrete
School District 
GrinnellNewburg
Schools
School District
GrinnellNewburg
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of RE/MAX Partners Realty



Listing information is provided by Participants of the Des Moines Area Association of Realtors. IDX information is provided exclusively for 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 is deemed reliable but not guaranteed. Copyright 2024, Des Moines Area Association of Realtors.
Data last updated at: 2024-10-30 12:00 AM UTC

Neighborhood & Commute
Source: Walkscore
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