339 Scott StreetCouncil Bluffs, IA 51503
This built-as four-plex offers great income from day one and huge upside potential as well! The building features four efficiency apartments, two on each floor. Each unit is separately metered for gas and electricity, and all four of the four units are currently occupied with tenants paying $700/month! Currently the tenants are responsible to pay their own electricity, Landlord pays gas, water & trash. There is some deferred maintenance on the property, and the units certainly show their age, but for a savvy investor with some renovation know-how this property presents a fantastic opportunity to invest in some improvements and really make the property cash flow! The building is sold as-is.
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| blank | Principal | Taxes | INS / PMI | Other | Total |
|---|---|---|---|---|---|
| Monthly | $1,110.86 | $64.75 | $206.43 | $0.00 | $1,382.04 |
| Yearly | $13,330.32 | $777.00 | $2,477.16 | $0.00 | $16,584.48 |
| Total | $399,909.60 | $23,310.00 | $50,342.20 | $0.00 | $473,561.80 |
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339 Scott Street, Council Bluffs, IA 51503.
339 Scott Street | MLS# 26-1980
This multi-family property located at 339 Scott Street, Council Bluffs, IA 51503 is currently listed for sale with an asking price of $185,000. Scott Street is located within the Council Bluffs school district. Search Council Bluffs real estate on www.npdodge.com today.