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707 Bluffs Street

Shelby, IA 51570
  • $289,000
  • STATUS: Active
  • MLS #: 22410934
UPDATED: 48 min ago
$289,000
  • 8
    BEDS
  • 0.81
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,400
    SQFT
  • $85
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1976
County:
Area:

School Information

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

Description

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.

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Listing information © 2024 Great Plains Regional MLS. The information relating to real estate for sale on this website comes from the Internet Data Exchange program of the Great Plains Regional MLS. 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 deemed reliable but not guaranteed accurate by the MLS or April Buffum | Nebraska Realty. Data last updated 2024-07-13T11:33:51.103.
www.aprilbuffumrealty.com/homes/150181113
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707 Bluffs Street Shelby, IA 51570

  • Price: $289,000
  • Status: Active
  • On Site: Days
  • Updated: 48 min ago
  • MLS #: 22410934
8
Beds
4
Baths
0
½ Baths
0.81
Acres
3,400
SQFT
$85
$/SQFT
1976
Built
Neighborhood:
Original Town
County:
Shelby
Area:
Shelby
Elementary School:
A-H-S-T
Middle School:
A-H-S-T
High School:
A-H-S-T
School District:
Other
Property Description
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.
Exterior Features

Acreage Range Over 1/2 up to 1 Acre Exterior Features Other Fence None Garage Type None Lot Dimensions 10000 Property Attached Yes Style Other

Interior Features

Above Grade Sq Ft 3400 Basement Yes Basement Type Daylight Cooling Central Air Finished Below Grade Sq Ft 0 Fireplaces 0 Foundation Concrete Block Heating Fuel Gas Heating Type Forced Air Laundry Room Level Below Grade Main Floor Sq Ft 1700 Master Bedroom Level Main Floor Second Floor Sq Ft 1700 Third Floor Sq Ft 0

Property Features

Agent Has Equity No Assessments No Financing Terms Accepted CashConventionalFHAVA New Construction Not New and NOT a Model Ownership Type Fee Simple REO NO Residential Type Quadruplex Senior Living Community No Sewer And Water Public Water Tax Amount 1478 Tax Year 2022

Listing information © 2024 Great Plains Regional MLS.
Listing provided by Cristina Luckey of REAL Broker NE, LLC: .


Listing information © 2024 Great Plains Regional MLS. The information relating to real estate for sale on this website comes from the Internet Data Exchange program of the Great Plains Regional MLS. 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 deemed reliable but not guaranteed accurate by the MLS or April Buffum | Nebraska Realty. Data last updated 2024-07-13T11:33:51.103.
 
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April Buffum | Nebraska Realty
7321 Plaza Ct #201
Lincoln NE, 68516