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Listed price in listed location currency (USD).
$825,000

000

MLS® 832586

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage No
Taxes $11,126
Days Active 47
Lot Size 0.69 acres
Approx. Age 1952
MLS® Number 832586

Property Address: 47-2429-47 Williams Ave, Sioux City, IA, 51106-2174

Average square foot calculated using Size range provided by listing agent.

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!
MLS® Number832586
Laundry Level
Central VacNo
FireplaceNo
Acreage0.69
Exterior
GarageNo
Approx. Age1952
Basement
DrivewayNone
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

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