$228,500 Price Analysis 110 N 2nd Ave WNewton, IA 50208 1 bed 2 bath 2,548 SqFt ($89/SqFt) 1,848SqFt lot. Built 1875 Listed 2024-04-05 | ✓ USDA Eligible near Newton, IA Restrictions may apply due to home size |
Newton, IA. This property offers a fully furnished apartment on the second level that's perfect for generating additional income through short or long-term rentals. Immaculately finished, the second-level apartment features a cozy main living space accented by a warm fireplace, a well-appointed kitchen and a vast bedroom. The full bath is finished with a tile surround tub/shower and the convenience of a laundry room enhances the comfort of this space. Step outside onto the covered deck and savor the serene environment, an added luxury for tenants or guests.
Below, the main level presents a multi-use space ripe w ith potential. Finished by a home builder as a show room, its high-end touches set the stage for a myriad of uses - from addtional residential apartments to an office or retail space, the possibilities are endless. Additional features include an oversized one-car garage with a stunning 3/4 glass overhead door that opens up to the alley, offering a unique aesthetic and functional edge. This property's flexible layout allows for easy conversion to suit any vision, making it an ideal investment for those looking to capitalize on Newton's growing market. Multiple financing options available as well as grants available through Newton Main Street Development Corp.
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Property MLS #692743 from DesMoines
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.