51301, IA Spencer, 1018 N Grand Ave

Discover properties in 51301 within Spencer, IA for Sale using Real Estate MLS # 221256.

$285,000

  • 5
  • 4
  • 1804
  • Expired
Expired

General Description

Investment opportunity. There is an opportunity for an investor to add value within this multi-unit sitting on a prime location in Spencer next to the hospital. Three units are rented with long-term tenants. The 4th unit could be converted into another three bedroom apartment. Has been historically used as a chiropractic office but with he addition of a kitchen or kitchenette would easily be converted into living space. Tri-plex would become a Quad. No showing of the property until an offer has been accepted.

Legal: W 100' 5 2 ALBEE CLAYPOOL MESSENGER RESURVEY & SUBDIV OF BLOCK 2 1ST RY ADD
Status: Expired

Property Information

221256

$285,000

Sale

Triplex

MULTIFAMILY

1018 N Grand Ave

Spencer

IA

51301

5

4

1804

10000

None

2936

2022

Spencer

1900

Features

No

Utilities

No

LISTED BY

RE/MAX Experience, Jeff Carlson (712.224.4100)

PROPERTY LOCATION

MORTGAGE CALCULATOR


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This MultiFamily residence on 1018 N Grand Ave (MLS # 221256) is categorized as MultiFamily Homes for Sale in Spencer, IA. Available on Greg Sheeler Real Estate, this MultiFamily property is priced at $285,000 and boasts 5 bedrooms, 1804 sqft, and 4 bathrooms. Built in 1900, this property on 1018 N Grand Ave offers a unique opportunity to explore the real estate market in Spencer. For detailed market statistics and community insights, whether you're interested in Spencer listings or specifically 1018 N Grand Ave, contact RE/MAX Lakes Realty, the premier real estate hub in Iowa Great Lakes. Our team is dedicated to assisting you in finding the perfect residential options in and around Spencer, IA.