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Off market
  • $719,600

    1406 McPherson Ave, Council Bluffs, IA 51503

    --beds
    0baths
    4,246sqft
    MultiFamily
    Built in 1940
    -- sqft lot
    $719,600 Zestimate®
    $169/sqft
    $1,133 Estimated rent
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    What's special

    This meticulously maintained property is a turnkey investment! The 5 duplexes are situated on a quiet wooded lot giving the tenants a serene and peaceful place to call home. Each of the buildings has newer roof, as well as low maintenance vinyl siding, & windows The units have been tastefully updated with newer cabinetry, nice kitchen appliances, fresh floor coverings and modern full baths. Not only is this a turn key investment, the cash flows are impressive as well. Due to the close care and attention of the current owner maintenance expenses are low and vacancy is virtually non-existent. You could increase revenues by swapping the currently free laundry facilities out for coin-operated machines, building storage spaces in the two unfinished basements, or leasing out the garage.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Gas
    Cooling
    • Other
    Appliances
    • Included: Dryer, Refrigerator, Washer
    Interior area
    • Total interior livable area: 4,246 sqft

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Composition
    Condition
    • Year built: 1940

    Community & neighborhood

    Location
    • Region: Council Bluffs

    Other

    Other facts
    • Roof: Composition
    • Appliances: Refrigerator, Stove, Window A/C, Dryer, Washer, Other
    • Features: Carpets
    • Features: Decks, Patio
    • Util Paid/Owner: Garbage, Water, Electric, Gas
    • Heat/Cooling: Window A/C, Other
    • Located City/County: City
    • Type of Property: Apartment Building
    • Exterior: Frame
    • Features: Extra Storage
    • Features: W/D Hookups
    • Miscellaneous: Security Deposit
    • Features: Private Entrance
    • Inspections: City Inspected
    • Number of Stories: One
    • Features: Other
    Services availability
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

    $719,600
    2% more+ $14,392
    With Zillow Showcase(estimated)
    $733,992