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    591 State St.

    Tiffin, IA 52340
    • $2,597,000
    • STATUS: Active
    • ON SITE: 108 days
    • MLS #: 202006585
    UPDATED: 65 min ago
    $2,597,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2017
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Rare opportunity to invest in a new multi-family commercial building in Tiffin! 14 condos all separated as condominiums. 14, 2 bedroom condos. Building includes 4 commercial spaces of 1000 sq ft each. Great Tax Free Exchange opportunity or house your commercial business with extra income from the condos! This building can be purchased along with 551 State St. Perfect 1031 Tax Free Exchange opportunity. 1 owner is a licensed Realtor in the State of Iowa.

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    © 2021 Iowa City Area Association of Realtors. All rights reserved. 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 is deemed reliable but is not guaranteed accurate by the MLS or The Johnson Team. Data last updated: 2021-02-26T10:25:49.607
    www.gwenjohnson.com/homes/111720705
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    591 State St. Tiffin, IA 52340

    • Price: $2,597,000
    • Status: Active
    • Updated: 65 min ago
    • MLS #: 202006585
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    2017
    Built
    Neighborhood:
    Willow Ridge
    County:
    Johnson
    Area:
    Nw Quadrant
    Elementary School:
    Clear Creek
    Middle School:
    Clear Creek
    High School:
    Clear Creek
    Property Description
    Rare opportunity to invest in a new multi-family commercial building in Tiffin! 14 condos all separated as condominiums. 14, 2 bedroom condos. Building includes 4 commercial spaces of 1000 sq ft each. Great Tax Free Exchange opportunity or house your commercial business with extra income from the condos! This building can be purchased along with 551 State St. Perfect 1031 Tax Free Exchange opportunity. 1 owner is a licensed Realtor in the State of Iowa.
    Exterior Features

    Construction Brick Partial Parking Off Street

    Interior Features

    Appliances Unit1 DishwasherDisposalRange/OvenRefrigerator Appliances Unit2 DishwasherDisposalRange/OvenRefrigerator Appliances Unit3 DishwasherDisposalRange/OvenRefrigerator Appliances Unit4 DishwasherDisposalRange/OvenRefrigerator Basement Other Cooling Central Elevators Yes Energy Related Water Heater-Electric Heating GasForced Air Laundry Other- See Remarks Number Fireplaces 0 Unit1 Number Full Baths 1 Unit1 Number Half Baths 0 Unit1 Number34 Baths 0 Unit1 Numberbedrooms 2 Unit2 Number Full Baths 1 Unit2 Number Half Baths 0 Unit2 Number34 Baths 0 Unit2 Numberbedrooms 2 Unit3 Number Full Baths 1 Unit3 Number Half Baths 0 Unit3 Number34 Baths 0 Unit3 Numberbedrooms 2 Unit4 Number Full Baths 1 Unit4 Number Half Baths 0 Unit4 Number34 Baths 0 Unit4 Numberbedrooms 2

    Property Features

    Amenities SidewalksStreet LightsClose To School Annual Assoc Fee 0 Annual Gross Expense 0 Annual Gross Income 0 Bank Owned NO Electric Annually 0 Fee Includes Other Gas Annually 0 Gross Taxcounty And City 0 Insurance Annually 0 Internet Yes Lease Term Unit1 Other- See Remarks Lease Term Unit2 Other- See Remarks Lease Term Unit3 Other- See Remarks Lease Term Unit4 Other- See Remarks Lot Dimensions Condo Maintenance Annually 0 New Construction Yes Possible Finance 1031 ExchangeCashConventional Rental Permit Yes Sale Lease For Sale Sqft Above 0 Sqft Lower 0 Type Multi-Family Type Multi Family Over 2 Stories Unit1 Dining Room No Unit1 Living Room Yes Unit1 Monthly Rent 950 Unit2 Dining Room No Unit2 Living Room Yes Unit2 Monthly Rent 950 Unit3 Dining Room No Unit3 Living Room Yes Unit3 Monthly Rent 950 Unit4 Dining Room No Unit4 Living Room Yes Unit4 Monthly Rent 950 Utilities Available Cable Paid By Ind.Electricity Ind. MetersGarbage Paid By Ind.Gas Ind. MetersWater Ind. Meters Water Annually 0 Water Sewer City SewerCity Water Zoning C-1B

    Listing information © 2021 Iowa City Area Association of Realtors.
    Listing provided courtesy of Thomas Kaut of Urban Acres Real Estate.



    © 2021 Iowa City Area Association of Realtors. All rights reserved. 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 is deemed reliable but is not guaranteed accurate by the MLS or The Johnson Team. Data last updated: 2021-02-26T10:25:49.607
     
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