Details
- $375,000
- MLS# 26-506
- Multi Unit - Multiple
- Pending Contingency
Description
Check out this great opportunity for a fully occupied 4-plex unit in Council Bluffs. These apartments are all 2 bed/1 bath/1 car garage units w/ garage door openers. The 2 top units both have washer/dryer hookups with the appliances supplied by the owner. The 2 lower units share a common laundry area with coin op washer & free use dryer. There is an additional 2 car garage that is currently rented for storage to another individual. Most of the tenants are long term renters and all of them are currently on month to month leases. All appliance are provided by the owner and included with the sale. Electricity is metered separately to each unit and common areas and owner pays all utilities. Great upside potential here on a solid 4-plex near the downtown area. Current owner has owned since 1976 NOTE: Pictures of empty unit were taken of unit 4 prior to the current tenant moving in about 18 months ago.
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Market Trends
Demographics
Mortgage Calculator
| blank | Principal | Taxes | INS / PMI | Other | Total |
|---|---|---|---|---|---|
| Monthly | $2,251.74 | $131.25 | $428.13 | $0.00 | $2,811.12 |
| Yearly | $27,020.88 | $1,575.00 | $5,137.56 | $0.00 | $33,733.44 |
| Total | $810,626.40 | $47,250.00 | $102,975.00 | $0.00 | $960,851.40 |
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