1005 GLASS ST S, Sioux City,
IA 51106

MLS # 833622

$630,000

  • N/A
  • 1
  • 5610
  • Active

General 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
Status: Active

Property Information

833622

$630,000

1005 S GLASS ST

Mside North

Sioux City

Woodbury

IA

Sale

Multi-Unit

5610

21

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

MORTGAGE CALCULATOR

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Jeff Carlson - BROKER/OWNER

Jeff Carlson

BROKER/OWNER

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

Rachel Carlson

REALTOR/OWNER, Pricing Strategy Advisor (PSA)

Cassie Chilton - REALTOR ®

Cassie Chilton

REALTOR ®

Ask About this Property #833622

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