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200 S 2nd Street Clinton, IA 52732 Commercial - Business New

New - 26 Hours Ago
  • 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: Commercial - Business
Year Built: 1900

General Information

County: Clinton
Listed By:
The Riverview Group - Epique Realty 319-540-1002
MRED MLS
$45,000
Est. $391/mo
New to the Market New
SQUARE FEET483 MLS#12725494
STATUSNew PROPERTY TYPECommercial - Business

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Ruhl&Ruhl Realtors

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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 $228$279$283
Taxes $63$63$63
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$20$0
Monthly Estimated Total $391$462$446

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