2429-47 Williams Ave., Sioux City, IA 51103
2429-47 Williams Ave., Sioux City, IA 51103
2429-47 Williams Ave., Sioux City, IA 51103
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Michelle Maloney

Michelle Maloney

+1(605) 677-9006
$825,000
Est. payment /mo
11 Beds
11.75 Baths
6,625 SqFt
Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Unit

Listing Status Active

Purchase Type For Sale

Square Footage 6,625 sqft

Price per Sqft $124

MLS Listing ID 832586

Bedrooms 11

Full Baths 8

Three Quarter Bath 5

Year Built 1952

Annual Tax Amount $11,126

Tax Year 2024

Lot Size 0.690 Acres

Acres 0.69

Property Sub-Type Multi-Unit

Property Description

Looking to secure a powerhouse addition to your real estate portfolio? This unique commercial property offers immediate, stabilized cash flow, generating over $9,000 in monthly rental income with a 100% occupancy rate across 13 units. The diverse unit mix caters to a wide range of needs, featuring several charming individual brick homes (1-bedroom), four efficient studio apartments, and two spacious 2-bedroom units. All major appliances stay with the units for a seamless transition. Tenants pay for all their own utilities except for water, keeping your overhead predictable. Note: Air conditioning units are tenant-owned, further reducing your maintenance liability. Benefit from a reliable tenant base, with several residents having called this property home for years. One unit features a full basement with the potential to be converted into additional living quarters, offering an immediate path to increasing your ROI. Don't miss the chance to acquire a fully-rented, versatile asset in a proven location. Check these units out today and see how they can anchor your investment strategy!

Location

State IA

County Woodbury

Area Mside North

Zoning SC

Multi-Unit Info

Total Units 13

Unit 1 Information SqFt: 475; Bedroom: 1; Bathroom: 1; FullBath: 1

Unit 2 Information SqFt: 475; Bedroom: 1; Bathroom: 1; FullBath: 1

Unit 3 Information SqFt: 475; Bedroom: 1; Bathroom: 1; FullBath: 1

Unit 4 Information SqFt: 475; Bedroom: 1; Bathroom: 1; FullBath: 1

Interior

Heating Forced Air

Cooling None

Exterior

Parking Features None

Building

Sewer City

Water City

Schools

Elementary Schools Spalding

Middle Schools East Middle

High Schools East High

Read Less Info
Listed by Keller Williams Siouxland

Nearby School & Business

Get More Information

Michelle Maloney

Michelle Maloney

+1(605) 677-9006

Broker | License ID: 14315

Broker License ID: 14315

Name

Name

Phone*

Phone

Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Maloney Real Estate, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.