Austin Maas
- Buy
- Sell
https://www.ruhlmortgage.com/BlakeEller.html
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
MLS ID: 12725494
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200 S 2nd Street , Clinton, IA 52732.
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563-441-1862
toll free 866-441-1862
Customize Your Rate
| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 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 |
Austin Maas
REALTOR®
Office: (563) 288-2997
Cell: (319) 325-0367
Licensed in IA
Muscatine Office
226 East 2nd Street
Muscatine, IA 52761
(563) 264-0240
Muscatine, IA 52761
(563) 264-0240
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