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515-525 S College St, Sioux City, IA 51106

$960,000
  • 515-525 S College St, Sioux City, IA 51106 Main Photo

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Pending
BEDS8 BATHS6 full MLS#833617
STATUSPending PROPERTY TYPEMulti Unit - Multiple

Property Description

12-unit multifamily investment offered at $960,000 ($80,000/unit), generating $66,748 in NOI. The property is 100% occupied. Built in 1976 across two stories, the unit mix includes four 2BR/1BA and eight 1BR/1BA units, with 7 of 12 already updated, leaving the remaining five as a clear value-add runway for a new owner. Amenities include ample on-site parking, washer/dryer hookups, and central air. Located in a stable South Side Sioux City submarket with strong long-term tenant demand...

515-525 S College St | MLS# 833617

This multi-family property located at 515-525 S College St, Sioux City, IA 51106 is currently listed for sale with an asking price of $960,000. Search Sioux City real estate on www.unitedrealestatesolutions.com today.

Property Features

Property Type: Multi Unit - Multiple
Lot Size: 0.56 Acres
Taxes: $36
Year Built: 1976

Units

Unit Type 1:
Bedrooms: 1
Bathroom Full: 1
Rent: $700
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: $825
Square Footage: 700
Unit Type 4:
Bedrooms: 1
Bathroom Full: 1
Rent: $850
Square Footage: 700
Unit Type 5:
Bedrooms: 2
Bathroom Full: 1
Rent: $875
Square Footage: 900

Feature Descriptions

Days on Site: 38
Parcel: 894734252016
Rental: Yes
Rental Income: 119700
Sewer: City
SQFT Main: 6526
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

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Estimated Payment

$ 5,898.34 per month $5,615.34 Principal & Interest $3.00 Property Tax $280.00 Homeowner's Insurance

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