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Executive Summary

5-unit rental property. The sale includes a 4-plex and 1 stand-alone studio apartment-style home. All units are fully renovated including floors, kitchens, bathrooms, etc. The property has brand new plumbing, electrical, water heaters, and furnaces. The roof was replaced in 2020 and all windows replaced in 2019. Tenants pay MidAmerican. Landlord responsible for water/sewer.

Property Facts

Price $245,000
Price Per Unit $49,000
Sale Type Investment
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.15 AC
Building Size 2,680 SF
No. Stories 2
Year Built/Renovated 1910/2020
Zoning SFR - Single Family Residence

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Range
  • Tub/Shower

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+5 5 - -
Moderately walkable
60/100
Moderately drivable
60/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
894721377006
Land Assessment
$22,100
Improvements Assessment
$194,400
Total Assessment
$216,500
  • Listing ID: 27668554

  • Date on Market: 2/3/2023

  • Last Updated:

  • Address: 1600 Nebraska St, Sioux City, IA 51105

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