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717 & 721 4th Avenue Grinnell, IA 50112 Commercial - Investment

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Description

Investment Opportunity in the heart of downtown Grinnell - 717 4th Ave. & 721 4th Ave. These two downtown buildings are being offered as a package deal. 717 4th Ave. is a multifamily building with two apartments that are each 2 bedroom, 1 bathroom. Both apartments are occupied. 721 4th Ave. is a bar that is owner-occupied and currently operating as Rabbitt's Tavern. The bar fixtures will stay and a majority of the bar inventory is included in the sale. Bar Inventory List will be provided upon request. Call your local agent today to schedule a viewing!

Property Highlights

Property Type: Commercial - Investment
Year Built: 1900

General Information

County: Poweshiek
Listed By:
RE/MAX Partners Realty, Grinnell 641-236-6683
No Coast MLS
$350,000
Est. $2,245/mo
New to the Market Active
SQUARE FEET4,172 MLS#6337423
STATUS PROPERTY TYPECommercial - Investment

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For Details, Contact

Ruhl&Ruhl Realtors
563.441.1776

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717 & 721 4th Avenue, Grinnell, IA 50112.

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Call or Click to get Pre-Approved! 563-441-1862 toll free 866-441-1862

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $350,000$350,000$350,000
Down Payment $70,000$12,250$87,500
Monthly Mortgage Amount $1,656$2,060$2,127
Taxes $487$487$487
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$154$0
Monthly Estimated Total $2,245$2,803$2,716

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