802 Avenue B

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Address: 802 Avenue B, Council Bluffs, IA 51503, USA
Created date: November 7, 2024
Date last updated: December 2, 2024
  • 4 units
  • 9.67 cap
  • Separately metered
  • Located near downtown CB
  • Value-add potential
  • Proforma NOI $23,205

Property Description

This multifamily fourplex consists of (four) one-bedroom, one-bath units, generating a gross income of $2,975 per month. This property features separately metered utilities, with the landlord responsible only for water and trash. The sale also includes a proposed assignable insurance claim. The investment offers a prime opportunity for value-add through renovation and leasing.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: 2-4 Units
Price: $240,000
No. of Units: 4
Year Built: 1890
Lot Size: 0.09 Sq ft
Opportunity Zone: No
Price per unit: $60,000
Property Website Click Here
Address: 802 Avenue B, Council Bluffs, IA 51503, USA
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