1005 GLASS ST S

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

Status: Active

Property Information

833622

$630,000

1005 S GLASS ST

Mside North

Sioux City

Woodbury

IA

Sale

Multi-Unit

5610

130

1961

1

51106

7500

Listed By

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

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

Rachel Carlson

REALTOR/OWNER, Pricing Strategy Advisor (PSA)

Ask About this Property #833622

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