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Listing provided courtesy of Iowa Realty Newton - MLS#686460MLS Provider

2301 1st Avenue ENewton, IA 50208

Commercial · 2,796 Sq. ft. | 0.15 Acres

$250,000 Active

Overview

Time on Site:
78 days
Visits:
27

Great multi-tenant investment opportunity. This property features a residential/commercial combination with long term tenants and immediate income. Fresh paint, new roofs and all new awnings. Great location with easy access to I-80.

View Map

Facts & Features

  • Type Commercial
  • Sq. ft. 2,796
  • Price/Sq.ft. $89
  • Lot 0.15 Acres

General

Association/HOA
  • Association: false
School Information
  • School District: Newton
Building Information
  • Year Built: 1927
Location/Region
  • County Or Parish: Jasper
  • MLS Area Major: Newton
  • Postal City: Newton
Rent/Lease Information
  • Lease Considered: false
Tax Information
  • Tax Annual Amount: 2498.0
General Information
  • Parcel Number: 0835276001
  • Property Type: Commercial Sale
  • Zoning: Comm

Interior

Beds/Baths
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total: 0
  • Bedrooms Total: 0
Building Interior
  • Building Area Total: 2796.0
General Information

    Exterior

    Lot Information
    • Lot Size Acres: 0.15
    • Lot Size Area: 0.15
    • Lot Size Dimensions: 66X99
    • Lot Size Square Feet: 6534.0
    • Lot Size Units: Acres
    • Water Source: Public
    Building Exterior/Construction
    • Construction Materials: Block,Frame
    General Information
    • Sewer: Public Sewer

    Neighborhood

    Community

    50208 (Newton) Demographics
    42
    Median Age
    123
    Population Density (per sq. mile)
    27%
    College Educated
    $51,428
    Estimated Median Income
    5,613
    Estimated Total Home Owners
    2,332
    Estimated Total Renters
    71% / 29%
    Estimated Owner / Renter Divide
    2
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    Elementary Schools
    4
    Public
    Aurora Heights Elementary School
    • Grades: KG - 4
    • Enrollment: 272
    1
    Public
    Berg Middle School
    • Grades: 5 - 8
    • Enrollment: 897
    1
    Public
    Emerson Hough Elementary School
    • Grades: KG - 4
    • Enrollment: 240
    3
    Public
    Thomas Jefferson Elementary School
    • Grades: PK - 4
    • Enrollment: 339
    4
    Public
    Woodrow Wilson Elementary School
    • Grades: KG - 4
    • Enrollment: 290
    Middle Schools
    1
    Public
    Berg Middle School
    • Grades: 5 - 8 /
    • Enrollment: 897
    High Schools
    1
    Public
    Newton Senior High School
    • Grades: 9 - 12 /
    • Enrollment: 829
    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    Monthly Cost

    $
    $ %
    %
    $
    $
    * Assumes 7.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

    Market Data

    Based on the last 30 days in this zip code

    $235,779
    Median Sales Price
    $165
    Median Price per Square Foot
    36
    Properties Sold
    26
    New on Market
    78
    Average Days on Market
    86
    Properties for Sale
    Calculations provided by Reliance Network

    History

    Date Event Value Agent
    12/11/2023Source: Des Moines Area Added to Database
    December 11, 2023
    Chad Ray
    Listing Agent