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$630,000
Est. payment /mo
7 Beds
7 Baths
2,944 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Unit
Listing Status Active
Purchase Type For Sale
Square Footage 2,944 sqft
Price per Sqft $213
MLS Listing ID 833621
Bedrooms 7
Full Baths 7
Year Built 1961
Annual Tax Amount $7,003
Tax Year 2024
Lot Size 10,454 Sqft
Acres 0.24
Property Sub-Type Multi-Unit
Property Description
7-unit multifamily investment offered at $630,000 ($90,000/unit), generating $35,233 in NOI. The property is 100% occupied. Built in 1961 as a single-story building, all units are 1BR/1BA with 7 dedicated off-street parking spaces, coin laundry, and window/central air. The unit interiors present a clear value-add opportunity through targeted renovations to modernize the asset and increase income. Located in an established South Side Sioux City neighborhood near local employment centers and retail corridors. Contact Daniel Stillson for the full offering memorandum and financials.
Location
State IA
County Woodbury
Area Mside Central
Zoning com
Multi-Unit Info
Total Units 7
Unit 1 Information SqFt: 700; Bedroom: 1; Bathroom: 1; FullBath: 1
Unit 2 Information SqFt: 700; Bedroom: 1; Bathroom: 1; FullBath: 1
Unit 3 Information SqFt: 700; Bedroom: 1; Bathroom: 1; FullBath: 1
Unit 4 Information SqFt: 700; Bedroom: 1; Bathroom: 1; FullBath: 1
Interior
Cooling Central, Window Unit
Building
Sewer City
Water City
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Listed by Gateway Real Estate Advisors
Nearby School & Business
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