$214,000
1404 4th Avenue SW
Spencer, IA 51301
MLS# 19-998
Status: Closed
23 beds  |  3972 sqft


1404 4th Avenue SW, Spencer, IA 51301
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1404 4th Avenue SW, Spencer, IA 51301 1404 4th Avenue SW, Spencer, IA 51301 1404 4th Avenue SW, Spencer, IA 51301 1404 4th Avenue SW, Spencer, IA 51301 1404 4th Avenue SW, Spencer, IA 51301

Property Description
ATTENTION INVESTMENT BUYERS...this 8 plex is situated on a golf course lot with spectacular views of the Spencer Municipal Golf Course. Each apartment has a nice layout with a garage assigned to each unit for the exception of one efficiency unit. The building is vacant and ready for some ''home work.'' Opportunity is knocking, price reduced to $214,000.

Details
Status Change Info
Status: Closed
Under Contract Date: 2019-12-20
Sold Date: 2020-01-15
Location, Tax and Other Information
House Number: 1404
Street: 4th
Street Suffix: Avenue
Street Dir Sfx: SW
Postal City: Spencer
State/Province: IA
Zip Code: 51301
County: Clay
Legal: EXACT LEGAL TO BE TAKEN FROM ABSTRACT.
Parcel Number: 963619151001
School District: Spencer
Waterfront: No
Tax Classification: Non-Homestead
Tax Year: 2019
Tax Amount: 6888
Assessments: No
Taxes w/Assessments: 6888
Contract Information
For Sale/Lease: For Sale
List Date: 2019-06-29
List Price: $214,000
Owner is Agent: No
Furnished: No
Sign on Property: Yes
General Property Information
Type of Property: Quadruplex
Living Area Source: Assessor
Finished Above Grade: 3972
Total Fnsh'd SqFt: 3972
Current Price: $165,000
# Units: 8
Total Bedrooms: 23
Total Bathrooms: 8.5
Year Built: 1978
Garage Spaces: 7
Aprox Lot Dimensions: 120 x 130
Lot Size Source: Assessor
Lot SqFt: 15600
Approx Nbr of Acres: 0.36
Flood Zone: Yes - 500
Fireplace: Yes
Directions & Remarks
Directions: Turn south on 4th Ave. SW, it's the first place south of the Spencer Municipal Golf Course club house.
Property Features
Garage Type: Attached
Basement Material: Poured Concrete
Basement Style: Slab
Construction Type: Frame/Wood
Exterior: Vinyl
Heat: Forced Air
Fuel: Electric
Levels: Three Or More
Roof: Metal
Mechanicals: Water Heater - Elec
Owner Expenses: Janitorial; Lawn; Maint/Repair; Snow; Water/Sewer
Tenant Expenses: Cable TV; Electric; Fuel; Trash
Amenities - Exterior: Balcony; Driveway - Gravel; Fenced Yard-Partial; Patio
Amenities - Shared: Coin-op Laundry Ownd
Lot/Land Description: On Golf Course
Property Condition: Fixer
Terms: Cash; Conventional
Financing: Cash