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 |
---|---|
Listing Type | For Sale |
Suite Number | 1 |
HOA Dues | $6,400 |
Sub-Type | Resale |
Status | Active |
Year | 1900 |
Days On Site | 193 |
Listing Provided By | Agency Iowa | Bergman, Scot |
Bed(s) | 12 |
---|---|
Bath(s) | 14 Total |
SQ Feet | 514 |
Units | 15 |
Zoning | Resid |
State | IA |
---|---|
County | Jasper |
City | Newton |
Zip Code | 50208 |
Area | Newton |
Listing VS Median (in 50208) | |
Price: $599,000 low | high Med: $216,950 SqFt: 514 low | high Med: 1,815 $ / SqFt: $1,165 low | high Med: $143 On Site: 193 low | high Med: 133.000000 |