1018 N Grand Ave, Spencer,
IA 51301

MLS # 221256

$285,000

  • 5
  • 4
  • 1804
  • Expired
Expired

General Description

Investment opportunity. There is an opportunity for an investor to add value within this multi-unit sitting on a prime location in Spencer next to the hospital. Three units are rented with long-term tenants. The 4th unit could be converted into another three bedroom apartment. Has been historically used as a chiropractic office but with he addition of a kitchen or kitchenette would easily be converted into living space. Tri-plex would become a Quad. No showing of the property until an offer has been accepted.

Legal: W 100' 5 2 ALBEE CLAYPOOL MESSENGER RESURVEY & SUBDIV OF BLOCK 2 1ST RY ADD
Status: Expired

Property Information

221256

$285,000

Sale

Triplex

MULTIFAMILY

1018 N Grand Ave

Spencer

IA

51301

5

4

1804

10000

None

2936

2022

Spencer

1900

Features

No

Utilities

No

LISTED BY

RE/MAX Preferred, Jeff Carlson

PROPERTY LOCATION

MORTGAGE CALCULATOR


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Listed by : EXIT REALTY MIDWEST, JOHN BRAMBLETT (847.769.8567)
Price Decreased
RE/MAX Lakes Realty - Licensed in Iowa and Minnesota.  Each Office Independently Owned and Operated

RE/MAX Lakes Realty

Licensed in Iowa and Minnesota. Each Office Independently Owned and Operated

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COMMUNITY

Gary's on the River

Gary's on the River in Spencer

Gary's is newly owned by Rabab, and sure to keep your taste buds coming back for more. The menu still features classic American comfort food, as well as some of Rabab's Mediterranean favorites. This comfortable, yet classy restaurant is perfect for date night, or family night. Gary's features their ever popular "pizza night" on Thursdays and Fridays, which is always amazing, and their "pasta night" on Wednesdays, which is sure to keep you full all night!

Real Estate and MLS Homes For Sale in Spencer Find more about Spencer Learn More Here

Spencer Golf & Country Club

Spencer Golf & Country Club in Spencer

Spencer Golf & Country Club, established in 1919, is a Semi-Private Golf Club featuring its well manicured 18 hole championship golf course and full service restaurant experience. Outstanding membership rates are available to residents, non-residents, and corporations. If a membership isn't right for your needs, non-residents of Spencer are welcome to play anytime that the course is available, as often as you would like. If you are looking to host a corporate outing, organization fundraiser outing, or group golf outing, look no further than Spencer Golf & Country Club. We can accommodate groups as big as 200 golfers and more with all the professional golf tournament services. The Country Club is also an excellent choice for your next business meeting, banquet, or wedding reception.

Real Estate and MLS Homes For Sale in Spencer Find more about Spencer

The Bear

The Bear in Spencer

The Bear is an eclectic little coffeehouse and wine bar nestled in Spencer. The bear serves amazing breakfast, lunch and dinner year round, as well as beer, wine, and of course, the finest coffee. It has a casual, comfortable setting, sure to keep you coming back for more. Its also great for meetings, work events, or just a nice spot to meet friends. They host events, local live entertainment, and more; they're very involved in their community.

Real Estate and MLS Homes For Sale in Spencer Find more about Spencer Learn More Here

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