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Brenda Zobel-Moody

brendazmrealty@gmail.com +1(515) 238-8413

$ 289,000

Est. payment | -/mo

2 Beds

1 Bath

6,130 SqFt

Save

$ 289,000

Est. payment | -/mo

Save

2 Beds

1 Bath

6,130 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,130 sqft

Price per Sqft $47

MLS Listing ID 748462

Style Two Story

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1904

Annual Tax Amount $5,932

Lot Size 0.714 Acres

Acres 0.714

Property Description

Excellent investment opportunity to acquire this rare multi-family residential and commercial triplex perfectly situated in a popular arterial commercial district. With separate gas and electric meters to keep overhead low, this property offers options to maximum returns. The property includes abundant front parking space, a highly coveted feature that comfortably accommodates multiple vehicles and provides easy, hassle-free access for commercial clients. Unit 1 (residential) provides a sprawling, rare 4-bedroom layout featuring 1 full bath, a 3/4 ensuite bath, and an additional half bath—ideal as a premium rental or spacious owner's quarters. Unit 2 (Residential) is a spacious 2-bedroom, 1-bathroom layout with lots of natural light. Unit 3 (Flexible/Commercial Space): The ultimate flex option, this space can be utilized immediately as commercial storefront/offices or add a shower and kitchen for comfortable residential living, allowing you to adapt seamlessly to market demand. Each unit has its own private entrance. This home offers a nice sized back yard and is steps away from a vibrant array of local stores, dining, and essential services. The location provides convenience for tenants and maximum accessibility for business operations. Whether you are looking to move in, expand a traditional portfolio, or blend commercial and residential, this versatile property could fit perfectly in your portfolio. To respect tenant privacy, interior photos are available upon request.

Location

State IA

County Jasper

Area Newton

Zoning Mixed

Rooms

Basement Egress Windows, Partially Finished

Interior

Heating Forced Air, Gas, Natural Gas

Cooling Central Air

Flooring Hardwood

Furnishings Unfurnished

Fireplace No

Appliance Cooktop, Dryer, Refrigerator, Stove, Washer

Laundry Main Level, Upper Level

Exterior

Utilities Available Electricity Available, Natural Gas Available, Water Available

Roof Type Asphalt,Shingle

Private Pool No

Building

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Newton

Others

Tax ID 0835108015

Monthly Total Fees $494

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by All In Real Estate Inc

Schools and Properties Nearby

Learn More About LPT Realty

Brenda Zobel-Moody

brendazmrealty@gmail.com

+1(515) 238-8413

Ankeny, IA 50023, USA

1422 1st Avenue E Newton, IA 50208

Brenda Zobel-Moody

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Learn More About LPT Realty

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1422 1st Avenue E