Will Schindler
BEDS6
BATHS6 full
MLS#833622
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
7~unit multifamily investment offered at $630,000 ($90,000/unit), generating $37,817 in NOI. The property is 100% occupied. Built in 1961 as a single~story building, all units are 1BR/1BA with private entries and in~wall AC. Current ownership has completed 3 of 7 units already renovated, reducing near~term capex needs for a new owner while leaving further value~add potential on the remaining units. Located in an established South Side Sioux City neighborhood with strong tenant demand. Contact Daniel Stillson for the full offering memorandum and financials...
Property Features
Property Type: Multi Unit - Multiple
Heating: Forced Air
Lot Size: 0.17 Acres
Taxes: $7,500
Year Built: 1961
Units
Unit Type 1:
Bedrooms: 1
Bathroom Full: 1
Rent: $750
Square Footage: 700
Unit Type 2:
Bedrooms: 1
Bathroom Full: 1
Rent: $800
Square Footage: 700
Unit Type 3:
Bedrooms: 1
Bathroom Full: 1
Rent: $800
Square Footage: 700
Unit Type 4:
Bedrooms: 1
Bathroom Full: 1
Rent: $800
Square Footage: 700
Unit Type 5:
Bedrooms: 1
Bathroom Full: 1
Rent: $800
Square Footage: 700
Feature Descriptions
Days on Site: 19
Parcel: 894735331011
Rental: Yes
Rental Income: 62700
Sewer: City
SQFT Main: 5610
Water: City
Zoning: com
Listed By / Shown By
Listed By
Agency Name: Gateway Real Estate Advisors
Agency Phone: 712-226-8000
Shown By
Agent Name: Will Schindler
Agent Phone: (712) 490-6965
Agency Title: United Real Estate Solutions
Estimate Your Payment
Estimated Payment
$ 4,493.82 per month $3,685.07 Principal & Interest $625.00 Property Tax $183.75 Homeowner's InsuranceChange Payment Information
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1005 S Glass St | MLS# 833622
This multi-family property located at 1005 S Glass St, Sioux City, IA 51106 is currently listed for sale with an asking price of $630,000. Search Sioux City real estate on willschindler.unitedrealestatesolutions.com today.