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(712) 307-7134
Arrowhead Realty Co. LLC
707 Bluff St, Shelby, IA 51570
- $282,500
- 3,400
- SqFt
- Sold Price
- $282,500
- List Price
- $289,000
- Status
- CLOSED
- Days on Market
- 17
- Closing Date
- Sep 27, 2024
- MLS#
- 24-784
- Subtype
- MultiFamily
- Year Built
- 1976
- Living Area
- 3,400
- Neighborhood
- 14A
- MLS Area Major
- 14A
Property Description
Discover an incredible investment opportunity with this Four-plex located in Shelby, Iowa, just 35 minutes from downtown Omaha. Perfect for expanding your investment portfolio or for house hacking. Each featuring 2 bedrooms, 1 full bathroom, complete with a stove and refrigerator. The units are separately metered for electricity, and tenants have access to a shared utility room with a coin-operated washer and dryer on the lower level. Fully occupied and generating a gross rental income of $3,300 per month, there is potential to increase rents to market value and implement a RUBS (Ratio Utility Billing System) for additional income. Ample parking is provided for tenants. With immediate rental income and and potential for increased profitability, this property is a fantastic opportunity.
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Additional Information
- Appliances
- Refrigerator, Range
- Heating
- Forced Air, Natural Gas
- Air Conditioning
- Central Air
- Roof
- Composition
- Elementary School
- A-H-S-T-W
- Middle School
- A-H-S-T-W
- High School
- A-H-S-T-W
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Listing courtesy of Cristina Luckey with Real Broker LLC
Selling Office: NP Dodge Real Estate - Council Bluffs.