104 1st Avenue E 1 Newton, IA $ 699,000
104 1st Avenue E 1
$ 699,000
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104 1st Avenue E 1

Newton, IA, 50208
$ 699,000
Bedrooms12 Baths14.0 Sq 514

Monthly Estimate*

$ 4,646

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Multi-Family Home for sale in Newton, IA

for $699,000 with 12 bedrooms and 14 full baths. This 514 square foot home was built in 1900.

Investors special, lots of potential! This was a passion project for current owner. Property has not been lived in since current owners have owner it, looking for someone to carry on the project. All units are deeded as condominiums. The seller owns all 15 units and would like to sell them as a portfolio. 11 of the 15 units have been remodeled with amish craftsmanship, quality and uniqueness. The 4 others are down to studs and would need to be finished by new buyer. Lots of materials there to help finish the units. The common area has also been remodeled. All units are located on the second level of the Jewel building located across from the court house in downtown Newton. Total sq footage of all units is 7,693. There are 2 entrances into the building, one off 1st Ave, one off 1st street. All information obtained from seller and public records.

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Multi-Family Active

Price

$ 699,000

Bedrooms

12

Full Bath

14

Property Type

Multi-Family

Taxes

$ 9,434

Style

Year Built

1900

Town/City

Newton

County/Region

Jasper

MLS | Web ID

692679

Features
General
Sewer PublicSewer
Heating Electric ForcedAir
Cooling CentralAir
Zoning Resid
HOA 6400.0
Year Built 1900
Unit Number 1
Assoc Fee Paid Per Annually
County Jasper
New Construction N
Property Type MultiFamily
HOA / Comm Assn Y
Attached Garage N
Garage Y/N N
Status Active
Directions From US-6 E turn right onto 1st Ave W building on the left.
City Newton
Association Name TBD
View Y/N N
Senior Community Y/N N
High School District Newton
NumberOfUnitsTotal 15
MLS Area Newton
Lot Size Units Acres
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name 1st
Listing Terms Cash Conventional
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 9434.82
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 6
Standard Status Active
Occupancy Type Vacant
Middle/Junior School District Newton
Elementary School District Newton
Legal Description ORIGINAL PLAT LOT 6 & S 44' LOT 5 BLK 15 ALSO KNOWN AS JEWEL CONDO UNIT 1
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Exterior
Water Source Public
Spa N
Building Area Total 514.0
Road Surface Type Concrete
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Full Baths 14
Half Baths 0
3/4 Baths 0
Street Suffix Avenue
Total Bedrooms 12
Electric On Property Y/N N
Total Baths 14
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Internal Only
Street Number 1 104
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* Excluded Features
List By
Bergman, Scot

Listing Agent

Agency Iowa

Broker

scotbergmanrealestate@gmail.com

Email

Affordability Calculator

$5,432
Per Month
86%
14%
0%
Monthly Principal & Interest
$4,646
Monthly Property Taxes
$786
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1177470 Elementary School
1177477 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/5/2024$699,000 Listed Price

Map


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104 1st Avenue E 1, Newton, IA, 50208 is a Multi-Family Home for sale at $699,000 with 514 sqft. 104 1st Avenue E 1 has 12 bedrooms, 14.0 baths, and was built in 1900. The property's zip code is 50208 which is in Newton, IA