707 Bluff St, Shelby, IA 51570

Discover an incredible investment opportunity with this Four-plex located in Shelby, Iowa, just 35 minutes from downtown Omaha. Perfect for expanding your investment portfolio or for house hacking. Each featuring 2 bedrooms, 1 full bathroom, spacious living rooms, and eat-in kitchens complete with a stove and refrigerator. The units are separately metered for electricity, and tenants have access to a shared utility room with a coin-operated washer and dryer on the lower level. Fully occupied and generating a gross rental income of $3,300 per month, there is potential to increase rents to market value and implement a RUBS (Ratio Utility Billing System) for additional income. Ample parking is provided for tenants. A new water line was recently installed. With immediate rental income and potential for increased profitability, this property is a fantastic opportunity.