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$228,500   Price Analysis
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110 N 2nd Ave W
Newton, 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

Opportunity awaits at 110 N 2nd Ave W

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.


Presented by Evan Corey at
Real Estate Solutions.
Listing Agent Photo

Property MLS #692743 from DesMoines

Bedrooms: 1
Bedrooms On Level 2: 1

Total Bathrooms: 2.00
1/2 Bathrooms: 1
3/4 Bathrooms: 1
Half Bathrooms On Level 1: 1

Number of Fireplaces: 1

Basement Description: Slab

Covered Deck

Lot Size Acres: 0.0424242
Lot Size Square Feet: 1848

Garage Spaces: 1
Garage Description: 1 Attached

School District: Newton

Newton Senior High School is a public high school located approximately 0.7 miles away.
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Woodrow Wilson Elementary School is a public elementary school located approximately 0.7 miles away.
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Berg Middle School is a public elementary and middle school located approximately 1.4 miles away.
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Newton Christian School is a private elementary and middle school located approximately 1.4 miles away.
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Annual Tax Amount: 1339.00
Source Listing Status: Active
County: Jasper
Directions: Located on the North Side of the City Square
Source Property Type: Residential
Inclusions: Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Stove, Wall Oven, Washer
Area: Newton
Property Subtype: condo
Source Neighborhood: Newton
Parcel Number: 08.34.110.013
Zoning: Urb/c
Property Subtype: Condo-Townhome
Source System Name: C2C

Listed 2024-04-05
$228,500
DesMoines

Total Square Feet Living: 2548
Year Built: 1875
Building Exterior Type: Brick
Property Age: 149
Roof: Rubber
House Style: Two Story
Total Area Sqft: 2548

Sewer: City
Water Source: City
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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.