NOT LISTED FOR SALE
3 Beds
1 Bath
12,126 Sq Ft
0.26 Acres

Last Sold January 05, 2023

Last sale price $650,000 $54 Per Sq Ft

180 Days on Market

Highlights

  • Living Room
  • Forced Air Heating System
  • 4-minute walk to Stone State Park

About This Home

As of January 2023

This is a portfolio that has great opportunity with cash flow and CAP rate. Estimated cap rate currently is 10.01 % and fully rented estimated rate is 16.02 %. Included on one parcel is one 6-plex (821-31 Nebraska), one 4-plex (516-522 9th St) and one 3-plex (514 9th St). There are 10 - 3 bedroom apartments and 3 - 2 bedroom apartments. Many apartments have been recently updated with paint, electrical, misc. interior work and exterior work on the property. This includes privacy fences and security cameras. (Video and Audio). All three roofs were updated in the last 5 years. The owner pays water and heat (Boiler system) on the 6 unit property and 4 - unit property (Both Brick Units). The 3 plex has forced heat and owner ONLY pays water. There are currently 6 vacant apartments, with 5 ready to rent. These multiplexes are 2 story and 1 bathroom and a kitchen in each apartment. There are currently 2 units approved for section 8.

Last Agent to Sell the Property

Aaron Tyler

Keller Williams Siouxland Listed on: 01/24/2022

Keller Williams Siouxland

Last Buyer's Agent

Aaron Tyler

Keller Williams Siouxland Listed on: 01/24/2022

Keller Williams Siouxland

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,578

Year Built

  • Built in 1910

Lot Details

  • 0.26 Acre Lot

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 12,126 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Schools

  • Irving Elementary School
  • North Middle School
  • North High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Radiant Heating System
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 19193-894728179004 0

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,578

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Class: Residential
  • Type: Residential
  • Style: 2 Story
  • Legal Description: SIOUX CITY EAST N 1/2 LOT 11 & LOT 1 2 BLK 44
  • Year Built: 1910
  • School Middle Junior: North Middle
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Included: Appliances owned by seller. Camera System.
  • Total Bedrooms: 3
  • Total Bathrooms: 1
  • Basement: Unfinished
  • Main Level Rooms: Bedroom, Full Bath, Kitchen, Living
  • Total Sq Ft: 12126
  • Main Level Sq Ft: 6063
  • Sq Ft Above Grade: 12126
  • Sq Ft Below Grade Total: 1250
  • Sq Ft Below Grade Unfinis: 1250
  • Price Per Sq Ft: 53.6

Exterior Features

  • Exterior: Brick, Wood Lap
  • Roof: Shingle

Garage/Parking

  • Internet: Yes

Utilities

  • Air Conditioning Type: Window
  • Flood Insurance: Not Required
  • Fuel Type: Electric, Natural Gas
  • Heat Type: Forced Air, Radiant
  • Sewer Type: City
  • Water Type: City

Schools

  • Elementary School: Irving
  • Middle School: North Middle
  • High School: North High

Lot Info

  • Acres: 0.26
  • Parcel Number: 19193-894728179004 0

Tax Info

  • Year: 2020
  • Gross Taxes: 5578

Multi Family

  • Rental Income: 6420

MLS Schools

  • School Elementary: Irving
  • School High: North High

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2023 01/05/23 Sold $650,000 +0.2% $54 / Sq Ft
07/23/2022 07/23/22 Pending -- -- --
06/01/2022 06/01/22 Price Changed $649,000 -6.6% $54 / Sq Ft
01/24/2022 01/24/22 For Sale $695,000 -- $57 / Sq Ft
Source: Northwest Iowa Regional Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 815985

Northwest Iowa Regional Board of REALTORS®