557 6th Avenue South, Clinton, IA 52732

Welcome to a well-cared-for triplex that offers dependable income and low-maintenance ownership—perfect for both new investors entering the market and seasoned buyers seeking strong cash flow. Located close to major employment centers, shopping, dining, the YWCA, and the community pool, this property consistently attracts renters looking for convenience and accessibility. With a gross monthly income of $2,000, plus long-term tenants in two units and a newly placed tenant at $800/month, this building provides immediate revenue with room for upside. Utilities are simple, with water averaging $50/month, sewer $99/month (including trash), and the common area electric averaging only $25/month. Gas is billed back to tenants via RUBS, keeping owner expenses predictable. The property has been well-maintained over the years, benefiting from less deferred maintenance compared to similar buildings. Recent updates include fresh interior paint throughout—Unit 3 received a full repaint—as well as … read more …