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 Experience, Jeff Carlson

PROPERTY LOCATION

MORTGAGE CALCULATOR


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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

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

The Studio Yoga & Barre

The Studio Yoga & Barre in Spencer

The Studio Yoga & Barre has two locations: Spencer or Spirit Lake @ Allure & Co. Come and experience a community of people seeking to live healthier lives through exercising the body and mind.
They offer a variety of yoga, barre, cycling and paddle-board classes for different levels of experience.
The Studio also offers yoga and exercise apparel, as well as oils and health supplements.

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

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

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