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!!!
Listed By
Agency Name: Keller Williams Siouxland
Agency Phone: 712-226-1900
Shown By
Agent Name: Jerry Frye
Agent Phone: (712) 551-6701
Agency Title: United Real Estate Solutions
Estimated Payment
$ 6,147.00 per month $4,971.92 Principal & Interest $927.17 Property Tax $247.92 Homeowner's Insurance
2429-47 Williams Ave. | MLS# 832586
This multi-family property located at 2429-47 Williams Ave., Sioux City, IA 51103 is currently listed for sale with an asking price of $850,000. Search Sioux City real estate on jerryfrye.unitedrealestatesolutions.com today.