Multi-Family for Sale: 208 Scott Street, Council Bluffs, IA 51503 SOLD
$900,000
$617,500
208 Scott Street,
Council Bluffs, IA 51503 SOLD
$900,000
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Selling Price: $617,500
Original List Price: $1,000,000
Sold at 61.8% of list price
Sold Date: 12/21/2021
Type Multi-Family
Year Built 1921
City Council Bluffs
County Pottawattamie
School District Council Bluffs
Subdivision Mynster Addition
MLS 22112040
Status SOLD
DOM 201 days
Great cash flowing investment property ready for a new owner. Completely brick 16 unit with a full basement, producing $127,000 in income annually with a 10% cap rate! The building has a new flat roof last year that comes with a 30 year transferable warranty. 14 units have new LVT floors, newer appliances, and fresh paint. It is completely separately metered, has an updated fire sprinkler system, and newly updated electrical. Plenty of room to add equity and make improvements! The basement is completely unfinished and ready for a storage facility or laundry area or whatever creative idea you have to turn it into! Call today to setup your showing. Or come to the prescheduled showing times, Saturday June 5th from 11am-1pm and Sunday June 6th from 1-2!
Room Features
Basement Yes
Lot & Building Features
Appliances Range - Cooktop + Oven, Refrigerator
Sewer Public Sewer, Public Water
Tax Year 2019
Community and Schools
Elementary School Washington
Junior High School Gerald W Kirn
Senior High School Abraham Lincoln
Price History of 208 Scott Street, Council Bluffs, IA
Date | Name | Price | Difference |
---|---|---|---|
07/07/2021 | Price Adjustment | $617,500 | 38.25% |
06/03/2021 | Listing Price | $1,000,000 | N/A |
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed. |
Teri Avard
Realtor
Direct: 402-515-1113
Listed by BHHS Ambassador Real Estate, Drew Halvorson
Sold by Keller Williams Greater Omaha, Morgan Putnam
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information courtesy of: BHHS Ambassador Real Estate |