1518 4th Avenue SW $550,000

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    1518 4th Avenue SW Spencer, IA 51301

    • 12 Beds
    • 8 Baths
    • 4,704 sq. ft.
    • Multi-Family
    • MLS# 240960
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    Views: 11 Days On Site: 123

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    Property Details

    Presenting a fantastic property with four well-designed apartments, each featuring 3 bedrooms, 1.5 bathrooms, and an attached garage. Enjoy great views of the Spencer Municipal Golf Course and the benefit of large decks for added outdoor space. These apartments have a solid rental history, with all four currently under long-term leases, making this an attractive option for investors seeking reliable income. With each unit over 1,100 square foot, this property offers both value and potential.

    • General Features
      • Lake Access No
      • Tax Amount $4,692
      • Tax Year 2022
      • Year Built 1977
    • Building Features
      • Fireplace 0
      • Construction Materials Vinyl Siding
      • Basement Style Partial
      • Fin Below Grade 2112
      • Fin Above Grade 2592
      • Roof Asphalt
      • Heating Forced Air
    • Property Features
      • Fuel Natural Gas
      • Water Source Public/City
      • Sewer Public Sewer
    • Schools
      • School District Spencer

    Neighborhood

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    Property History

    Date Event Price Percent Change
    -- Current Price Source: Multiple Listing Service New Value: $550,000
    9/19/2024 2:38:43 PM Price Reduced Source: Multiple Listing Service New Value: $550,000 -8.32%
    8/17/2024 5:39:00 PM New in Database Source: Multiple Listing Service New Value: $599,900

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    The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Great Lakes Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2024 Great Lakes Multiple Listing Service. All rights reserved. Last Updated: 12/18/2024 10:08:39 PM PST

    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.