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$380,000
Est. payment /mo
6 Beds
5 Baths
2,697 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Unit
Listing Status Active
Purchase Type For Sale
Square Footage 2,697 sqft
Price per Sqft $140
MLS Listing ID 827614
Bedrooms 6
Full Baths 5
Year Built 1912
Annual Tax Amount $5,024
Tax Year 2023
Lot Size 0.280 Acres
Acres 0.28
Property Sub-Type Multi-Unit
Property Description
This well-maintained 5-plex in the heart of Morningside offers an exceptional investment opportunity with a solid history of consistent cash flow and strong NOI. Three of the units have recently been renovated with new flooring, paint, carpet, and windows, while HVAC systems have also been updated. Located in a highly sought-after neighborhood, this property offers immediate cash flow potential with the opportunity to make further improvements to maximize returns. Whether you're adding to an existing portfolio or starting your investment journey, this property provides a reliable, long-term investment with strong rental demand and minimal maintenance needs. Find this opportunity in close proximity to Sioux City shopping and foodservice amenities along with Morningside University.
Location
State IA
County Woodbury
Area Mside Central
Zoning NC.4
Multi-Unit Info
Total Units 5
Unit 1 Information SqFt: 500; Bedroom: 1; Bathroom: 1; FullBath: 1
Unit 2 Information SqFt: 500; Bedroom: 1; Bathroom: 1; FullBath: 1
Unit 3 Information SqFt: 500; Bedroom: 1; Bathroom: 1; FullBath: 1
Unit 4 Information SqFt: 500; Bedroom: 1; Bathroom: 1; FullBath: 1
Exterior
Garage Spaces 4.0
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Listed by RE/MAX Experience