51301, IA Spencer, 1518 4th Avenue

$550,000

Price Decreased
  • MLS# 240960
  • Bedrooms 12
  • Bathrooms 8
  • Total Sq.ft 4,704
  • Property Type MultiFamily
  • Year Built 1977

Property Description

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.

Legal: 6 HARTS 2ND RES SUB (EXACT LEGAL PER ABSTRACT)
Active

Property Information

  • 240960
  • $550,000
  • Sale
  • Quadruplex
  • MULTIFAMILY
  • 1518 4th Avenue SW
  • Spencer
  • IA
  • 51301
  • 12
  • 8
  • 4704
  • 13000
  • Attached
  • 4
  • 4692
  • 2022
  • Spencer
  • 1977

Features

  • No

Utilities

  • No

LISTED BY

Jensen Real Estate, Matt Lippon (712.330.0604) & Jensen Real Estate, Michael Jensen (712.330.0604)

Property Location

This MultiFamily residence on 1518 4th Avenue (MLS # 240960) is categorized as MultiFamily Homes for Sale in Spencer, IA. Available on Charlie Leissler REALTOR, this MultiFamily property is priced at $550,000 and features 12 bedrooms, 4704 sqft, and 8 bathrooms. Built in 1977, this property on 1518 4th Avenue offers a unique opportunity for buyers. For more information on 1518 4th Avenue and other properties in the area, contact RE/MAX Lakes Realty, the premier real estate agency in Iowa Great Lakes. Our team is dedicated to helping you explore residential options in and around Spencer, IA. Visit our website for comprehensive market statistics and community insights.

Request Info For MLS #240960

Charlie Lewis - Residential and Commercial Sales
Charlie Lewis

Residential and Commercial Sales

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