$903,000
HARLAN, IA 51537
MLS# 16-989
Status: Closed
9584 sqft
1 / 20
Property Description
INVESTOR ALERT! LINCOLN PINES APARTMENT COMMUNITY. FEATURING 24 UNITS.16 - 2 BEDROOM UNITS & 8 - 3 BEDROOM TOWN HOMES WITH PATIOS. 10 GARAGES W/OPENERS, 30 PARKING SPACES. 1 MAINTENANCE GARAGE. PLAYGROUND, BASKET BALL ARENA & PICNIC AREA. ALL ELECTRIC UNITS PAID BY TENANTS. COIN OPERATED WASHER/DRYERS, STORAGE UNITS. 1 UNIT CURRENTLY USED AS A OFFICE, OTHERWISE 100% OCCUPIED. GOOD INCOME PRODUCER
Details
Contract Information
Auction: No
Sale: For Sale
Bank Owned?: No
Current Price: $903,000
Status: Closed
Listing Date: 2016-05-20
Sold Price: $903,000
General Property Description
# Sleeping Rooms: None
# Effic Studios: None
# of 1 BR Units: None
# of 2 BR Units: 9+
Lot Size: 1.50 ACRES M/L
# of 3+ BR Units: Eight
# of Full Baths: 9+
# of 1/2 Baths: None
Garage: 9
Parking: 21 or more
Type of Property: Apartment Building
Year Built: 1982
Number of Units: 24
Tot Fnshd SF: 9584
Location, Tax & Legal
Located City/County: City
Elementary School: Harlan
Jr. High: Harlan Community
High School: Harlan Community
School District: Harlan
Legal: LENGTHY CALL AGENT
Parcel No.: 833250005121
Current REIDS Yr Pd: N/A
Area: Harlan
House #: 2104
Street Name: LINCOLN
Street Suffix: Avenue
State/Province: IA
County: SHELBY
Zip Code: 51537
Remarks & Misc
Directions: HARLAN IOWA NORTH TO LINCOLN AVENUE PROPERTY IS ON YOUR LEFT
Office/Member Info
Net Taxes: 22418
Tax Year: 2014
Status Change Info
Type Of Financing: Conventional
Status Change Date: 2016-09-02
Under Contract Date: 2016-07-20
Sold Date: 2016-09-01
Sold Price: $903,000
Miscellaneous
Individual Elec Mtrs: 1
Security Deposit: 1
Possession
Closing: 1
Exterior
Frame: 1
Roof
Composition: 1
Existing First Mtg
Balloon Payment: 1
Terms
Cash: 1
Conventional: 1
Appliances
Dishwasher: 1
Dryer - Coin: 1
Range: 1
Refrigerator: 1
Washer - Coin: 1
Documents on File
Inventory List: 1
Plot Plan: 1
How To Show
Call Agent: 1
See Remarks: 1
Number of Stories
Two: 1
Features
Carpets: 1
Decks: 1
Extra Storage: 1
Patio: 1
Inspections
City Inspected: 1
Section 8 Inspected: 1
Mortgage Info
Assumable: N
Gross Taxes: 22418
Util Pd/by Renter
Electric: 1
Util Paid/Owner
Common Area Only: 1
Garbage: 1
Water: 1
Heat/Cooling
Electric: 1
Forced Air: 1
Window Unit(s): 1
Status Info
Sold Status: Sold Inner Office
REIDS Inc Sale Prc: No
Sale Price Incl Lot: Yes
Property Features
Existing First Mtg: Balloon Payment
Exterior: Frame
Roof: Composition
Documents on File: Inventory List; Plot Plan
Terms: Cash; Conventional
How To Show: Call Agent; See Remarks
Appliances: Dishwasher; Dryer - Coin; Range; Refrigerator; Washer - Coin
Possession: Closing
Features: Carpets; Decks; Extra Storage; Patio
Miscellaneous: Individual Elec Mtrs; Security Deposit
Inspections: City Inspected; Section 8 Inspected
Number of Stories: Two
Supplements
Earnest Deposit to be made payable to & deposited in the Trust Account of Midwest Research & Settlement Services.
Listing Office: Morse Real Estate
Last Updated: September - 01 - 2024
Information deemed reliable but not guaranteed.