Solid investment opportunity with this 3-unit triplex featuring a 2-bedroom main floor unit, 2-bedroom upper unit, and 1-bedroom basement unit. The main and upper units are currently rented at $800\month each, with the basement unit being turned and projected to rent for $700\month, bringing potential total rents to $2,300\month. Tenants pay their own gas and electric with separate metering, while the owner pays water and trash. Each unit has its own furnace and water heater, helping reduce maintenance overlap and giving tenants more control over utilities. Property also features central A\C. Current rents provide steady income with additional upside as leases turn and rents are adjusted to market rates. A great opportunity for investors looking to add a cash-flowing multifamily property with room for rental growth. Property is being sold "as Is." The listing agent is related to the seller..
Listed By
Agency Name: Plains Asset Group
Shown By
Agent Name: Rachel Raak
Agent Phone: (712) 454-4227
Agency Title: United Real Estate Solutions
Estimated Payment
$ 997.87 per month $789.66 Principal & Interest $168.83 Property Tax $39.38 Homeowner's Insurance
1310 Court St | MLS# 832085
This multi-family property located at 1310 Court St, Sioux City, IA 51105 is currently listed for sale with an asking price of $135,000. Search Sioux City real estate on rachelraak.unitedrealestatesolutions.com today.