208 Scott Street, Council Bluffs, IA

$1,000,000

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!

  • Beds: 0
  • Baths:
  • MLS ID: 22112040
  • Type: Multi-Family
  • Style: N/A
  • Year Built: 1921

Details

  • Main Floor: N/A
  • Second Floor: N/A
  • Third Floor: N/A
  • Cooling: N/A
  • Heat: N/A
  • Basement: N/A
  • Basement Type: N/A
  • Basement Sq ft: N/A
  • Appliances Included: N/A
  • Lot Size: n/a
  • Acres: N/A
  • Exterior Features: N/A
  • Fence: N/A
  • Garage Type: None
  • Garage Spaces: 0

Other

  • Status: ACTIVE
  • School District: Council Bluffs
  • Brokered By: BHHS Ambassador Real Estate
  • Utilities:
  • Tax Year: 2019
  • Taxes: $8155