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104 1st Avenue E 1, Newton, IA 50208

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For Sale

$699,000

14 baths • 514 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $1,359.92
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Investors special, lots of potential! This was a passion project for current owner. Property has not been lived in since current owners have owner it, looking for someone to carry on the project. All units are deeded as condominiums. The seller owns all 15 units and would like to sell them as a portfolio. 11 of the 15 units have been remodeled with amish craftsmanship, quality and uniqueness. The 4 others are down to studs and would need to be finished by new buyer. Lots of materials there to help finish the units. The common area has also been remodeled. All units are located on the second level of the Jewel building located across from the court house in downtown Newton. Total sq footage of all units is 7,693. There are 2 entrances into the building, one off 1st Ave, one off 1st street. All information obtained from seller and public records.
MLS# 692679

Courtesy Of Charter House Real Estate

(515) 864-6444

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Cooling System
    Central A/C
  • Heating Fuel
    Electric
  • Heating System
    Forced Air
  • Roof Type
    Unknown
  • Rooms
    Full Bath

Map and Directions

Directions to 104 1st Avenue E 1, Newton, IA 50208

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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