928 2nd Avenue, Spencer,
IA 51301

Spencer, IA Homes for Sale in 51301 and Real Estate MLS # 201456

$119,000

  • N/A
  • N/A
  • 3780
  • Closed
Closed

General Description

This investment property sits on 1.37 acres located on the south side of Spencer. It has 5 separate units that are currently producing $3,050 gross monthly income. 4 units are located inside the main home and 1 additional separate home located just east of main house. The other building on the property is currently being used for storage. The roofs on both homes were replaced in the spring of 2020. A new breaker box has been installed in the main home. 4 of the units currently under 1 year lease.

Legal: TR APPROX 250'X 316'EXC 3 TRACTS SW SE 18-96-36 L & I
Sold Price: $117,000
Sold Date: 12/04/2020
Status: Closed

Property Information

201456

$119,000

Sale

Commercial

COMMERCIAL

928 2nd Avenue SE

Spencer

IA

51301

3780

$117,000

2408

2018

1900

Utilities

No

LISTED BY

Northwest Iowa Realty, Brian Plueger (712.580.4692)

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

The Sports Page Bar & Grill

The Sports Page Bar & Grill in Spencer

Sports Page is a fan favorite restaurant in Spencer, Iowa. With their never ending menu, with classic American food, its sure to please everyone that visits! With TV's everywhere you look, you won't miss any of the action, whether it be football, baseball, basketball, or any of the other major sports, Sports Page has you covered! This family friendly restaurant offers a comfortable atmosphere for all to enjoy.

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Spencer Hospital

Spencer Hospital in Spencer

Spencer Hospital delivers the highest quality healthcare in its area.They are compassionate about their patients, while providing high-tech, and professional care to each of their patients. They have a specialized cancer center, diagnostic imaging, surgery center, and a brand new OB unit. Spencer Hospital's amazing doctors provide personalized care, and treat each patient with compassion, and care.

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