1310 COURT ST, Sioux City, IA 51105

Property Description

Solid investment opportunity with this 3-unit triplex featuring a 2-bedroom main floor unit, 2-bedroom upper unit, and 1-bedroom basement unit. The main and upper units are currently rented at $800/month each, with the basement unit being turned and projected to rent for $700/month, bringing potential total rents to $2,300/month. Tenants pay their own gas and electric with separate metering, while the owner pays water and trash. Each unit has its own furnace and water heater, helping reduce maintenance overlap and giving tenants more control over utilities. Property also features central A/C. Current rents provide steady income with additional upside as leases turn and rents are adjusted to market rates. A great opportunity for investors looking to add a cash-flowing multifamily property with room for rental growth. Property is being sold "as Is." The listing agent is related to the seller.