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51106, IA Sioux City, 1005 GLASS ST S

$630,000

  • MLS# 833622
  • Bedrooms N/A
  • Bathrooms 1
  • Total Sq.ft 5,610
  • Property Type Multi-Unit
  • Year Built 1961

Property Description

7-unit multifamily investment offered at $630,000 ($90,000/unit), generating $37,817 in NOI. The property is 100% occupied. Built in 1961 as a single-story building, all units are 1BR/1BA with private entries and in-wall AC. Current ownership has completed 3 of 7 units already renovated, reducing near-term capex needs for a new owner while leaving further value-add potential on the remaining units. Located in an established South Side Sioux City neighborhood with strong tenant demand. Contact Daniel Stillson for the full offering memorandum and financials.

Legal: HOLMANS E 1/2 LOTS 1 & 2 BLK 13
Active

Property Information

  • 833622
  • $630,000
  • 1005 S GLASS ST
  • Mside North
  • Sioux City
  • Woodbury
  • IA
  • Sale
  • Multi-Unit
  • 5610
  • 2
  • 1961
  • 1
  • 51106
  • 7500

LISTED BY

Gateway Real Estate Advisors, Nic Madsen (712.540.6562) & Gateway Real Estate Advisors, Emmaily Kurth (712.541.9810)

Property Location

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Request Info For MLS #833622

Rachel Carlson - REALTOR/OWNER, Pricing Strategy Advisor (PSA)

Rachel Carlson

REALTOR/OWNER, Pricing Strategy Advisor (PSA)

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