
1518 4th Ave SW
Spencer, Iowa
$485,000
$103/sqft
Overview
Bedroom
12
Bath
8
Year Built
1977
Sqft
4,704
Property Type
MULTI_FAMILY
Description
Investor Opportunity on the Golf Course! Rare opportunity to own a well-maintained 4-unit multifamily complex located directly on the Spencer Municipal Golf Course. Each spacious unit features 3 bedrooms and 1.5 bathrooms, offering strong rental appeal in a beautiful and convenient location. One unit has been completely remodeled with modern finishes, while the remaining three units have received notable upgrades, including fresh paint and minor repairs—ensuring solid condition across the entire property. This income-producing property sits in a scenic setting, providing tenants with golf course views and easy access to local amenities. Whether you're expanding your portfolio or looking for a live-in investment, this is a turnkey opportunity with long-term potential. Don’t miss your chance to own a golf course-front multifamily with proven rental upside.
Listed by EXIT Realty Midwest- Spencer/Emmetsburg
Location
Buy with the best & sell with confidence
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