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    400 Franklin Avenue

    COUNCIL BLUFFS, IA 51503
    • $215,000
    • STATUS: Active
    • MLS #: 20-1629
    $215,000
    • 0
      BEDS
    • 0.26
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1900
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    This 12 unit complex is a cash cow with lots of updates. Common areas have been completely remodeled. This building is currently managed by OPPM all that is needed is to take your dividend checks to the bank.

    Monthly Payment Calculator



    © 2020 Southwest Iowa's Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Stuart & Associates Real Estate Group. Data last updated: 2020-09-18T00:22:03.083.
    www.soldbystuart.com/homes/108795043
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    400 Franklin Avenue COUNCIL BLUFFS, IA 51503

    • Price: $215,000
    • Status: Active
    • MLS #: 20-1629
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.26
    Acres
    1900
    Built
    Neighborhood:
    Area 7
    County:
    Pottawattamie
    Area:
    Area 7
    Elementary School:
    Bloomer
    Middle School:
    Gerald W Kirn
    High School:
    Abraham Lincoln
    School District:
    Council Bluffs
    Property Description
    This 12 unit complex is a cash cow with lots of updates. Common areas have been completely remodeled. This building is currently managed by OPPM all that is needed is to take your dividend checks to the bank.
    Exterior Features

    Exterior FrameStucco Parking 4 - 6 Roof Composition

    Interior Features

    Appliances DishwasherDryer - CoinRefrigeratorStoveWasher - CoinWindow A/C Bldg Sq Ft 6177.00 Features Carpets Heat Cooling Electric FaWindow A/C Num Full Baths Three Num Half Baths None Num Sleeping Rooms 9+

    Property Features

    Annual Gross Income 49581.96 Assessed Value Bldg 124900.00 Assessed Value Land 23000.00 Bank Owned No Documents On File Legal Description Gross Operating Income 4131.83 Inspections City Inspected Located City County City Ls Operating Expense 1117.49 Maintenance 250.00 Miscellaneous Other - See Remarks Mortgage Assumable No Mortgage Gross Taxes 4752.00 Net Operating Income 3014.34 Net Taxes 4752.00 Num Efficiency Studios Eight Num One Bed Units None Num Three Or More Bed Units None Num Two Bed Units None Number Of Stories 3 Or More Possession Closing Sale For Sale Tax Year 2019 Terms CashConventional Type Of Property Apartment Building Util Paid By Owner ElectricGarbageGasWater Util Paid By Renter None Utilities 895.00

    Listing courtesy of Brad Knott Team of Key Real Estate.


    © 2020 Southwest Iowa's Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Stuart & Associates Real Estate Group. Data last updated: 2020-09-18T00:22:03.083.
     
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    Stuart & Associates Real Estate Group
    331 Village Pointe Plaza
    Omaha NE, 68118