Bought with Jeremy M Harper • Evolve Realty
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Key Details
Sold Price $245,000
Property Type Multi-Family
Sub Type Apartment Building
Listing Status Sold
Purchase Type For Sale
Square Footage 2,832 sqft
Price per Sqft $86
MLS Listing ID 24-1733
Sold Date 10/18/24
Year Built 1900
Annual Tax Amount $2,660
Tax Year 2022
Property Description
This cash cow investment property offers 6 one bedroom apartments. 5 of the units are occupied with rents ranging from $650-725/month and the 6th is in need of renovation. A new roof was installed in 2024, the building is all electric with each apartment having it's own meter and the house meter for common areas. Although there is some work to be done on this property, it will cash flow from day one, and a savvy investor can get it across the finish line to produce an impressive return!
Location
State IA
County Pottawattamie
Area Area 4
Interior
Heating Ductless Heat Pump
Cooling Ductless Heat Pump
Building
Lot Description 54x103
Schools
Elementary Schools Hoover
Middle Schools Gerald W Kirn
High Schools Abraham Lincoln
School District Council Bluffs
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