Sold

557 6TH Ave S, Clinton, IA 52732

Beds
5
Baths
3
Pool
Yes

View property features, location on map, relevant school information and overview from seller's agent.

Listed byRuhl&Ruhl REALTORS Clinton
  • 0
  • 0

Overview

Welcome to a well-cared-for triplex that offers dependable income and low-maintenance ownership. Located close to major employment centers, shopping, dining, the YWCA, and the community pool, this property consistently attracts renters looking for convenience and accessibility. With a current monthly income of $2,000, plus long-term tenants in two units and a newly placed tenant at $800/month, this building provides immediate revenue with room for upside. Utilities are simple, with water averaging $50/month, sewer $99/month (including trash), and the common area electric averaging only $25/month. Gas is billed back to tenants via RUBS, keeping owner expenses predictable. The property has been well-maintained over the years, benefiting from less deferred maintenance compared to similar buildings. Recent updates include fresh interior paint throughout-Unit 3 received a full repaint-as well as new bathroom flooring in Unit 3. The exterior has also been completely painted, and the deck was recently replaced (per the city inspector) and newly sealed with wood stain. The roof was inspected during another project and confirmed to be in good condition, with no replacement needed. This is an excellent opportunity for investors looking for a stable, well-kept asset or those considering house hacking.

Location

Full feature list

Basic info

Property type
Other residential
Number of bedrooms
5
Number of bathrooms
3
Lot size (acres)
0.16
Year built
1900

Exterior features

Pool
Yes
Horse amenities
Stable

Utilities

Heating
Natural Gas
Sewer
Public Sewer
Water
Public Water

Estimated monthly costs

Electricity
$25
Insurance
$167

Taxes

Tax Annual Amount (2024)
$1,188

Public schools

Loading

Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Midwest Real Estate Data (MRED) MLS®#: 12662441 Last checked:

Based on information submitted to the MLS GRID as of . 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.