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    208 Scott Street

    Council Bluffs, IA 51503
    • $1,000,000
    • STATUS: Active
    • MLS #: 22112040
    $1,000,000
    • 0
      BEDS
    • Up to 1/4 Acre.
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1921
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    Great cash flowing investment property ready for a new owner. Completely brick 16 unit with a full basement, producing $127,000 in income annually with a 10% cap rate! The building has a new flat roof last year that comes with a 30 year transferable warranty. 14 units have new LVT floors, newer appliances, and fresh paint. It is completely separately metered, has an updated fire sprinkler system, and newly updated electrical. Plenty of room to add equity and make improvements! The basement is completely unfinished and ready for a storage facility or laundry area or whatever creative idea you have to turn it into! Call today to setup your showing. Or come to the prescheduled showing times, Saturday June 5th from 11am-1pm and Sunday June 6th from 1-2!

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    Listing information © 2021 Great Plains Regional MLS. The information relating to real estate for sale on this website comes from the Internet Data Exchange program of the Great Plains Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices Ambassador. Data last updated 2021-06-16T23:33:30.263.
    www.billsimmonsrealtor.com/homes/117861976
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    208 Scott Street Council Bluffs, IA 51503

    • Price: $1,000,000
    • Status: Active
    • MLS #: 22112040
    0
    Beds
    0
    Baths
    0
    ½ Baths
    Up to 1/4 Acre.
    Acres
    1921
    Built
    Neighborhood:
    Mynster Addition
    County:
    Pottawattamie
    Area:
    Pottawattamie
    Elementary School:
    Washington
    Middle School:
    Gerald W Kirn
    High School:
    Abraham Lincoln
    School District:
    Council Bluffs
    Property Description
    Great cash flowing investment property ready for a new owner. Completely brick 16 unit with a full basement, producing $127,000 in income annually with a 10% cap rate! The building has a new flat roof last year that comes with a 30 year transferable warranty. 14 units have new LVT floors, newer appliances, and fresh paint. It is completely separately metered, has an updated fire sprinkler system, and newly updated electrical. Plenty of room to add equity and make improvements! The basement is completely unfinished and ready for a storage facility or laundry area or whatever creative idea you have to turn it into! Call today to setup your showing. Or come to the prescheduled showing times, Saturday June 5th from 11am-1pm and Sunday June 6th from 1-2!
    Exterior Features

    Exterior Features Porch Fence None Garage Type None Lot Dimensions N/A Parking Spaces 0

    Interior Features

    Appliances Included RangeRefrigerator Basement Yes Bedrooms U1 0 Bedrooms U2 0 Foundation Brick/Mortar Heating Fuel None Heating Type Radiant Walk Out Basement Yes

    Property Features

    Agent Has Equity No Annual Expense Source Owner Provided Assessments No Conversion No Financing Terms Accepted CashOtherPrivate Financing Monthly Rent U1 675 Monthly Rent U2 650 Multifamily Type Multi-Family Net Op Income 101254 New Construction Not New And Not A Model Ownership Type Fee Simple REO No Sewer And Water Public SewerPublic Water Special Assessments No Tax Amount 8155 Tax Year 2019 Taxes Partial Or Full Full Units U1 9 Units U2 7 Utility Expense 13200

    Listing information © 2021 Great Plains Regional MLS.
    Listing provided courtesy of Bhhs Ambassador Real Estate.


    Listing information © 2021 Great Plains Regional MLS. The information relating to real estate for sale on this website comes from the Internet Data Exchange program of the Great Plains Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices Ambassador. Data last updated 2021-06-16T23:33:30.263.
     
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    Berkshire Hathaway HomeServices Ambassador
    900 Woodbury Ave, suite 6
    Council Bluffs IA, 51503