3614 5th Ave, ET AL, Sioux City, IA 51106

Sioux City, IA Homes for Sale in 51106 and Real Estate MLS # 241454

$889,000

  • 14
  • 14
  • 9418
  • Active

General Description

Presenting a prime multi-family investment opportunity featuring 14 total units, comprised of two four-plexes and one six-plex. Two properties are located in the heart of central Morningside, while the third offering is just down the street from the iconic Grandview Park. These properties benefit from convenient access to local amenities and universities. With a history of consistent occupancy, this portfolio promises solid cash flow and a stable income stream. This is a lucrative chance for investors looking to quickly expand their portfolio with income-producing units. The two four-plexes offer excellent rental potential in a sought after area, while the six-plex provides additional value add income opportunities. Don’t miss out on this profitable investment—take a look! Properties included are 3615 5th Ave, 2116 South St Marys, 2111 Grandview Blvd.

Legal: ST AUBIN PLACE 3RD EX W 6 FT LOT 9 BLK 7 LOT 10 BLK 7, ST AUBIN PLACE S 60.5 FT LOTS 5 & 6 BLK 4, CALLS SUMMIT LOT 8 BLK 3
Status: Active

Property Information

241454

$889,000

Sale

Quadruplex

MULTIFAMILY

3614 5th Ave, ET AL

Sioux City

IA

51106

14

14

9418

23522

Detached

12026

2023

Sioux City

1900

Features

No

Utilities

No

LISTED BY

RE/MAX Experience, Jeff Carlson (712.224.4100)

PROPERTY LOCATION

MORTGAGE CALCULATOR


RE/MAX Lakes Realty - Licensed in Iowa and Minnesota.  Each Office Independently Owned and Operated

RE/MAX Lakes Realty

Licensed in Iowa and Minnesota. Each Office Independently Owned and Operated

Ask About this Property #241454

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COMMUNITY

"Turn-Over" Thermocline

Referred to locally as the lake turning over the thermocline is a feature of lakes with deep water. The water on the top of the lake changes temperature much more variably during the year. On West Lake, it can reach as much as 75 degrees in July while the water below, greater than 35 or 40 feet deep is relatively stable around 45 degrees. In the fall and early winter, the top strata of the lake will cool to below 45 degrees, and then because it becomes denser, it will "sink" below the lower strata, thus, displacing it and making the lake "turn-over". In the deepest part of West Lake (near the 136ft mark), no light is availble, and hence little life is known whether fish or plant. Typically questions are raised as to why the surface water gets dirty for a short period of time in the fall, this this is the standard answer.

Real Estate and MLS Homes For Sale in West Lake Okoboji

Lake Park Housing Authority

Lake Park Housing Authority in Lake Park

In 2013 the Lake Park Housing Authority was established to provide assistance to low and moderate income housing. The Dickinson County Board of Supervisors voted to release over $400,000 of TIF monies from two housing development projects to the Lake Park Housing Authority. The housing authorities goal is to preserve the Lake Park housing Stock, ensure safe housing and give assistance to rehab dwellings in Lake Park, increase owner occupied housing, down payment assistance. Funds of up to $25,000 are available for eligible applicants.

Real Estate and MLS Homes For Sale in Lake Park

Rebe

Rebe in Okoboji

Re*be is one of Iowa's finest varicose vein centers dedicated to addressing the health and cosmetic concerns of men and women using the latest and most-advanced medical treatments for various body conditions.
Re*be surgeons are highly experienced with specialized training in vein diagnosis and treatment. Dr. Ronald Kolegraff M.D., A.C.P., A.S.G.S. is a Board Certified General Surgeon and Board Certified Phlebologist.
The clinic provides friendly service in a patient-centered environment to ensure an experience that exceeds your expectations of personal care.
Rebe provides complimentary cosmetic consultation or complimentary vein screening.

Real Estate and MLS Homes For Sale in Okoboji

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