1501 Hill Ave, Spirit Lake, IA 51360 for Sale

MLS #260047 | Bojihomes.com

$900,000

  • N/A
  • N/A
  • 8064
  • Active Contingent-CTS
Active Contingent-CTS

General Description

Eight-Unit Apartment Building on the Avenue. Now is the time to invest in Downtown Spirit Lake. Hill Avenue is experiencing exciting revitalization, making this an ideal opportunity to own a strong income-producing property in the heart of it all. This well-maintained building features eight 2-bedroom, 1-bath apartments, each with garage parking—a highly desirable amenity for renters. The property also offers: Clean, spacious basement, on-site washers and dryers, ample tenant storage space. Residents will love being just steps from downtown retail shops, restaurants, and entertainment. Location, functionality, and steady rental appeal make this a smart addition to any investment portfolio. An investment property you truly have to see to appreciate.

Legal: Rices's Addition Lots 6 & 7, Block 33
Status: Active Contingent-CTS

Property Information

260047

$900,000

Sale

Commercial

COMMERCIAL

1501 Hill Ave

Spirit Lake

IA

51360

8064

0.00

4538

2024

1969

Utilities

No

LISTED BY

Hinn Real Estate, Gretchen Lolis (201.838.4965) & Hinn Real Estate, (201.838.4965)

PROPERTY LOCATION

MORTGAGE CALCULATOR


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Aaron Jones - ABR | SRS, RE/MAX Lifetime Achievement Honor

Aaron Jones

ABR | SRS, RE/MAX Lifetime Achievement Honor

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COMMUNITY

The Peacock Lounge and Grille

The Peacock Lounge and Grille in Arnolds Park

We thoroughly enjoyed The Peacock Lounge and Grille. The atmosphere was fun and friendly, and not overpowering. You wanted to try everything on the menu, and what we did try was excellent! Fun drink menu as well. We will definitely go back, and we highly recommend!!

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