2429-47 Williams Ave., Sioux City,
IA 51103

General Description

Looking to secure a powerhouse addition to your real estate portfolio? This unique commercial property offers immediate, stabilized cash flow, generating over $9,000 in monthly rental income with a 100% occupancy rate across 13 units. The diverse unit mix caters to a wide range of needs, featuring several charming individual brick homes (1-bedroom), four efficient studio apartments, and two spacious 2-bedroom units. All major appliances stay with the units for a seamless transition. Tenants pay for all their own utilities except for water, keeping your overhead predictable. Note: Air conditioning units are tenant-owned, further reducing your maintenance liability. Benefit from a reliable tenant base, with several residents having called this property home for years. One unit features a full basement with the potential to be converted into additional living quarters, offering an immediate path to increasing your ROI. Don't miss the chance to acquire a fully-rented, versatile asset in a proven location. Check these units out today and see how they can anchor your investment strategy!

Legal: FLOYD PARK LOTS 9-13 INCL & LOT 14 BLK 9