BEDS6
BATHS6 full
MLS#833621
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
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...
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central, Window Unit
Lot Size: 0.24 Acres
Taxes: $7,003
Year Built: 1961
Units
Unit Type 1:
Bedrooms: 1
Bathroom Full: 1
Rent: $775
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: 38
Lot: Lawn Sprinkler System, Retaining Wall
Parcel: 884706119003
Rental: Yes
Rental Income: 66900
Sewer: City
SQFT Main: 2944
Water: City
Zoning: com
Listed By / Shown By
Listed By
Agency Name: Gateway Real Estate Advisors
Agency Phone: 712-226-8000
Shown By
Agency Title: United Real Estate Solutions
Agency Phone: 712-226-6000
Estimate Your Payment
Estimated Payment
$ 4,452.40 per month $3,685.07 Principal & Interest $583.58 Property Tax $183.75 Homeowner's Insurance
3312 Transit Ave | MLS# 833621
This multi-family property located at 3312 Transit Ave, Sioux City, IA 51106 is currently listed for sale with an asking price of $630,000. Search Sioux City real estate on www.unitedrealestatesolutions.com today.