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306 E 8th Street S

Newton, IA 50208
  • $70,000
  • STATUS: Active
  • ON SITE: 103 Days
  • MLS #: 675697
UPDATED: 99 min ago
$70,000
  • 0
    BEDS
  • 0.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,483
    SQFT
  • $28
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1910
County:
Area:

School Ratings & Info

School District:

Description

This multi-family residence in Newton is a rare investment opportunity for any aspiring real estate entrepreneur. Spanning over 2400 square feet, this property has the potential to be converted into a stunning single-family home or even a multi-family complex. With a gutted interior, investors can take advantage of the blank canvass and create a design that matches the needs and expectations of the local market. Situated in a prime location, this investment opportunity is close to the Iowa Speedway, Hy-Vee, and Maytag Park, making it highly attractive to investors of all types. Investors can take advantage of the nearby amenities and attractions to market the property effectively. With the increasing demand for housing in Newton, this property's potential for a multi-family complex is a particularly attractive opportunity. Not only can investors meet the needs of the local housing market, but they can also generate stable, long-term rental income. Overall, investors who seize this opportunity can benefit from this unique investment opportunity to build a profitable and sustainable revenue stream. Don't miss the chance to unlock the full potential of this amazing property - reach out for more details today!

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© 2023 Des Moines 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. Data is deemed reliable but is not guaranteed accurate by the MLS or Pennie Carroll & Associates. Data last updated: 2023-10-02T00:22:06.093.
www.penniecarroll.com/homes/140758878
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306 E 8th Street S Newton, IA 50208

  • Price: $70,000
  • Status: Active
  • On Site: 103 Days
  • Updated: 99 min ago
  • MLS #: 675697
0
Beds
0
Baths
0
½ Baths
0.24
Acres
2,483
SQFT
$28
$/SQFT
1910
Built
Neighborhood:
Newton
County:
Jasper
Area:
Newton
School District:
Newton
Property Description
This multi-family residence in Newton is a rare investment opportunity for any aspiring real estate entrepreneur. Spanning over 2400 square feet, this property has the potential to be converted into a stunning single-family home or even a multi-family complex. With a gutted interior, investors can take advantage of the blank canvass and create a design that matches the needs and expectations of the local market. Situated in a prime location, this investment opportunity is close to the Iowa Speedway, Hy-Vee, and Maytag Park, making it highly attractive to investors of all types. Investors can take advantage of the nearby amenities and attractions to market the property effectively. With the increasing demand for housing in Newton, this property's potential for a multi-family complex is a particularly attractive opportunity. Not only can investors meet the needs of the local housing market, but they can also generate stable, long-term rental income. Overall, investors who seize this opportunity can benefit from this unique investment opportunity to build a profitable and sustainable revenue stream. Don't miss the chance to unlock the full potential of this amazing property - reach out for more details today!
Exterior Features

Architectural Style Twostory Foundation Details Brickmortar Levels Two Road Surface Type AsphaltConcrete Roof AsphaltShingle

Interior Features

Basement CrawlspaceUnfinished Basement YN Yes Cooling None Cooling YN No Heating ForcedairGasNaturalgas Heating YN Yes

Property Features

Lease Considered YN No Listing Terms CashConventionalFhaValoan Lot Features Rectangularlot Lot Size Dimensions 92X112 Property Sub Type Residential Property Sub Type Additional Residential Tax Annual Amount 1250 Tax Year 2021 Zoning Res

Listing provided courtesy of Bh&G Real Estate Innovations: (515) 962-5555. © 2023 Des Moines Multiple Listing Service.
© 2023 Des Moines 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. Data is deemed reliable but is not guaranteed accurate by the MLS or Pennie Carroll & Associates. Data last updated: 2023-10-02T00:22:06.093.
 
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Pennie Carroll & Associates
3232 Hubbell Ave
Des Moines IA, 50317