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Listing Details

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MLS #
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Neighborhood
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Type
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Built
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School Information

Elementary School
Middle School
High School
School District

Description

Great cash flowing investment property ready for a new owner. Completely brick 16 unit with a full basement, producing $127,000 in income annually with a 10% cap rate! The building has a new flat roof last year that comes with a 30 year transferable warranty. 14 units have new LVT floors, newer appliances, and fresh paint. It is completely separately metered, has an updated fire sprinkler system, and newly updated electrical. Plenty of room to add equity and make improvements! The basement is completely unfinished and ready for a storage facility or laundry area or whatever creative idea you have to turn it into! Call today to setup your showing. Or come to the prescheduled showing times, Saturday June 5th from 11am-1pm and Sunday June 6th from 1-2!

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Listing information © 2021 Great Plains Regional MLS. The information relating to real estate for sale on this website comes from the Internet Data Exchange program of the Great Plains Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate by the MLS or Lighthouse Realty Group | Nebraska Realty. Data last updated 2021-09-16T19:33:42.407.
www.lighthouserealtygroup.homes/homes/117861976
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208 Scott Street Council Bluffs, IA 51503

  • Price: $900,000
  • Status: Active
  • Updated: 16 min ago
  • MLS #: 22112040
0
Beds
0
Baths
0
½ Baths
Up to 1/4 Acre.
Acres
1921
Built
Neighborhood:
Mynster Addition
County:
Pottawattamie
Area:
Pottawattamie
Elementary School:
Washington
Middle School:
Gerald W Kirn
High School:
Abraham Lincoln
School District:
Council Bluffs
Property Description
Great cash flowing investment property ready for a new owner. Completely brick 16 unit with a full basement, producing $127,000 in income annually with a 10% cap rate! The building has a new flat roof last year that comes with a 30 year transferable warranty. 14 units have new LVT floors, newer appliances, and fresh paint. It is completely separately metered, has an updated fire sprinkler system, and newly updated electrical. Plenty of room to add equity and make improvements! The basement is completely unfinished and ready for a storage facility or laundry area or whatever creative idea you have to turn it into! Call today to setup your showing. Or come to the prescheduled showing times, Saturday June 5th from 11am-1pm and Sunday June 6th from 1-2!
Exterior Features

Exterior Features Porch Fence None Garage Type None Lot Dimensions N/A Parking Spaces 0

Interior Features

Appliances Included RangeRefrigerator Basement Yes Bedrooms U1 0 Bedrooms U2 0 Foundation Brick/Mortar Heating Fuel None Heating Type Radiant Walk Out Basement Yes

Property Features

Agent Has Equity No Annual Expense Source Owner Provided Assessments No Conversion No Financing Terms Accepted CashOtherPrivate Financing Monthly Rent U1 675 Monthly Rent U2 650 Multifamily Type Multi-Family Net Op Income 101254 New Construction Not New And Not A Model Ownership Type Fee Simple REO No Sewer And Water Public SewerPublic Water Special Assessments No Tax Amount 8155 Tax Year 2019 Taxes Partial Or Full Full Units U1 9 Units U2 7 Utility Expense 13200

Listing information © 2021 Great Plains Regional MLS.
Listing provided courtesy of Bhhs Ambassador Real Estate.


Listing information © 2021 Great Plains Regional MLS. The information relating to real estate for sale on this website comes from the Internet Data Exchange program of the Great Plains Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate by the MLS or Lighthouse Realty Group | Nebraska Realty. Data last updated 2021-09-16T19:33:42.407.
 
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Lighthouse Realty Group | Nebraska Realty
6301 S 58th St
Lincoln NE, 68516