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502 E 12th Street S
AI Property Summary
Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).
- Located at 502 E 12th Street S in Newton, Iowa.
- This multifamily property features a two-unit apartment configuration.
- The asset is currently offered for sale in the market.
- Strategically positioned within a stable residential submarket of Newton.
- Ideal for investors seeking small-scale multifamily residential rental assets.
What's Special
Newton serves as a key regional hub within Iowa, providing a stable suburban environment that benefits from consistent demand for rental housing. Positioned at 502 E 12th Street S, this apartment building presents an addition to a portfolio for investors focused on small-scale multifamily assets. The property consists of two residential units, offering a straightforward management profile suitable for long-term hold strategies. Its placement in the local market allows for convenient access to community resources and major thoroughfares throughout the county. This asset represents a functional entry point for those seeking residential rental income in a community known for its steady pace and industrial heritage. Prospective owners may find this configuration advantageous for repositioning or maintaining as part of a residential income stream.
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