339 Scott St, Council Bluffs, IA 51503
- $185,000
- 2,016
- SqFt
- List Price
- $185,000
- Status
- ACTIVE
- Days on Market
- 2
- MLS#
- 26-1980
- Subtype
- MultiFamily
- Year Built
- 1900
- Living Area
- 2,016
- Neighborhood
- Area 7
- MLS Area Major
- Area 7
Property Description
This built-as four-plex offers great income from day one and huge upside potential as well! The building features four efficiency apartments, two on each floor. Each unit is separately metered for gas and electricity, and all four of the four units are currently occupied with tenants paying $700/month! Currently the tenants are responsible to pay their own electricity, Landlord pays gas, water & trash. There is some deferred maintenance on the property, and the units certainly show their age, but for a savvy investor with some renovation know-how this property presents a fantastic opportunity to invest in some improvements and really make the property cash flow! The building is sold as-is.
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Additional Information
- Appliances
- Refrigerator, Range
- Heating
- Forced Air, Natural Gas
- Air Conditioning
- Window/Wall
- Roof
- Composition
- Elementary School
- Bloomer
- Middle School
- Gerald W Kirn
- High School
- Abraham Lincoln
Mortgage Calculator
Listing courtesy of Mark Hanwright with Heartland Properties