Don’t miss this FANTASTIC INCOME-PRODUCING triplex ideally located just steps from Grinnell College and within easy walking distance of downtown Grinnell’s shops, restaurants, and coffeehouses. This well-maintained property features three thoughtfully designed units, including two comfortable 1-bedroom, 1-bath apartments and one spacious 3-bedroom, 1-bath unit—making it an excellent option for both seasoned investors and owner-occupants seeking to offset their mortgage with rental income. Each unit offers the convenience of in-unit laundry and is currently occupied by long-term tenants, providing immediate and reliable cash flow. The property generates $2,135 in monthly rental income, with potential for future growth in this highly desirable location. Adding even more value, the seller is including all on-site items—such as the lawn mower and snow blower—ensuring a seamless transition for the next owner. Whether you’re expanding your investment portfolio or looking for a smart live-in investment near campus, this triplex delivers stability, location, and upside potential in one compelling package. Don't miss out! Call the owner to learn more.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
