About This Home
This 7-bedroom, 7-bathroom residential multi family at 1005 S GLASS ST in Sioux City, IA is listed for $630,000 ($112 per sqft). Built in 1961, the home offers 5,610 sqft of living space on a 0.17 acres lot.
Key Features
- Built in 1961
- 0.17 acre lot
Property Details
7-unit multifamily investment offered at $630,000 ($90,000/unit), generating $37,817 in NOI. The property is 100% occupied. Built in 1961 as a single-story building, all units are 1BR/1BA with private entries and in-wall AC. Current ownership has completed 3 of 7 units already renovated, reducing near-term capex needs for a new owner while leaving further value-add potential on the remaining units.
Located in an established South Side Sioux City neighborhood with strong tenant demand. Contact Daniel Stillson for the full offering memorandum and financials.
Monthly Cost Estimate
$3,370/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1005 S GLASS ST
Sioux City, IA 51106
Property Details
Heating
Questions & Answers
This 7-bedroom, 7-bathroom residential multi family at 1005 S GLASS ST is listed at $630,000 ($112/sqft). The estimated monthly payment is $3,371 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.
HOA fees are $1/month.
Key features include: Built in 1961, 0.17 acre lot.
This property is listed by Nic Madsen and can be reached at 7125406562.
