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