About This Home
This 7-bedroom, 7-bathroom residential multi family at 3312 TRANSIT AVE in Sioux City, IA is listed for $630,000 ($214 per sqft). Built in 1961, the home offers 2,944 sqft of living space on a 0.24 acres lot.
Key Features
- Built in 1961
- 0.24 acre lot
Property Details
Amenities
7-unit multifamily investment offered at $630,000 ($90,000\unit), generating $35,233 in NOI. The property is 100% occupied. Built in 1961 as a single-story building, all units are 1BR\1BA with 7 dedicated off-street parking spaces, coin laundry, and window\central air.
The unit interiors present a clear value-add opportunity through targeted renovations to modernize the asset and increase income. Located in an established South Side Sioux City neighborhood near local employment centers and retail corridors. 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
3312 TRANSIT AVE
Sioux City, IA 51106
Property Details
Cooling
Questions & Answers
This 7-bedroom, 7-bathroom residential multi family at 3312 TRANSIT AVE is listed at $630,000 ($214/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, 0.24 acre lot.
This property is listed by Nic Madsen and can be reached at 7125406562.
