515-525 S COLLEGE ST, Sioux City, IA 51106

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List Price
$960,000
Days on Market
34
Status
PENDING
MLS#
833617
Lot Size (Acres)
0.56
Year Built
1976

Property Description

12-unit multifamily investment offered at $960,000 ($80,000/unit), generating $66,748 in NOI. The property is 100% occupied. Built in 1976 across two stories, the unit mix includes four 2BR/1BA and eight 1BR/1BA units, with 7 of 12 already updated, leaving the remaining five as a clear value-add runway for a new owner. Amenities include ample on-site parking, washer/dryer hookups, and central air. Located in a stable South Side Sioux City submarket with strong long-term tenant demand.

Additional Information

Area
Mside North
Subdivision
IA
Taxes
$36
HOA Fee
$1

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Calculator source: Real Geeks

Listing courtesy of Gateway Real Estate Advisors.