Clarinda IA Commercial for Sale
$94,900
206 W Main Clarinda, IA 51632
- Type:
- Apartment
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.23 Acres
- Baths:
- MLS#:
- 6323216
- Subdivision:
- IA
ADDITIONAL INFORMATION
This 7-plex apartment building for sale features a diverse mix of units, comprising 4 one-bedroom apartments and 3 studio apartments, making it an appealing investment opportunity. Nestled in a vibrant neighborhood, the building boasts a classic exterior with a welcoming entrance and is surrounded by local amenities, enhancing its attractiveness to potential renters. The interior of the building is functional, but it does require some work to maximize its potential. Updates such as modernizing the kitchens and bathrooms, improving flooring, and freshening up the paint can significantly boost the appeal of the units. Despite the needed renovations, the property currently generates a strong income, indicating a solid demand for rental housing in the area. The ideal buyer will appreciate the potential for increased rental income post-renovation. Additionally, the availability of owner financing provides a unique opportunity for investors, enabling them to purchase the property with more flexible terms than traditional financing. This combination of current income, renovation potential, and financing options makes this 7-plex a compelling investment for those looking to grow their real estate portfolio.
Albert Wright Page, License B62241000, Xome Inc., License FO5635000, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176
Listings courtesy of NoCoast MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Clarinda Real Estate
The median home value in Clarinda, IA is $145,000. This is higher than the county median home value of $109,800. The national median home value is $338,100. The average price of homes sold in Clarinda, IA is $145,000. Approximately 57.43% of Clarinda homes are owned, compared to 33.38% rented, while 9.19% are vacant. Clarinda real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Clarinda real estate agent to arrange a tour today!
Clarinda, Iowa has a population of 5,498. Clarinda is more family-centric than the surrounding county with 27.48% of the households containing married families with children. The county average for households married with children is 27.01%.
The median household income in Clarinda, Iowa is $47,154. The median household income for the surrounding county is $52,108 compared to the national median of $69,021. The median age of people living in Clarinda is 39.2 years.
Clarinda Weather
The average high temperature in July is 86.2 degrees, with an average low temperature in January of 11.8 degrees. The average rainfall is approximately 36.5 inches per year, with 23.9 inches of snow per year.