$1,490,000
COUNCIL BLUFFS, IA 51501
MLS# 20-2264
Status: Closed
1 baths
1 / 9
Property Description
INVESTOR ALERT! 9 Home Package deal will only be sold as a package! All 9 homes are tenant occupied with leases through July 31, 2025. Tenant does all lawn care, snow removal and repairs. City utility Services. Minutes to schools, shopping and Interstate access. All showings require a minimum of 48 Hour Notice. Property Addresses: 1411, 1417, 1423 S.7th Street 2404, 2408, 2412 S. 19th Street 2401, 2405, 2409 S. 18th Street Cap Rate 7.75% Income $162,000 Expenses $5,270 Taxes $36,761 Net Income $119,969 Seller is a Licensed Real Estate Broker and Member of Western Iowa Land Development LLC.
Details
Maps
Documents
Contract Information
Auction: No
Bank Owned?: No
Subj to Short Sale: No
Current Price: $1,490,000
Status: Closed
Listing Date: 2020-11-05
Sold Price: $1,490,000
General Property Description
Lot Size Range: Under 1/4 Acre
New Construction: N
Builders Name: McCarthy Construction
Lot Size: varies
SF 3rd Floor: 0
SF 2nd Floor: 0
SF Main Floor: 0
Garage: 2
Stories: 1
SF Bsmt Fnshd: 0
Ttl Abv Grd Fnshd SF: 0
Total Basement SF: 0
Total Bedrooms: 0
Bedrooms Abv Grd: 3
Bedrooms Blw Grd: None
Total Bathrooms: 1
Baths Abv Grd: 1
Baths Blw Grd: None
Garage Type: Attached
Basement: Slab
0 Entry: Yes
Ramp Access: No
Type of Property: Single Family Residence
Year Built: 2011
Location, Tax & Legal
Located City/County: City
Elementary School: Longfellow
Jr. High: Gerald W Kirn
High School: Abraham Lincoln
Disclosure Required: Y
School District: Council Bluffs
Legal: 9 Parcels
Parcel No.: 9 parcels
Zoning: R3
Agent Equity: Y
Current REIDS Yr Pd: N/A
Association Fee Y/N: N
Association Fee: 0
Area: Area 3
House #: 9
Street Name: HOMES PACKAGE DEAL
State/Province: IA
County: POTTAWATTAMIE
Zip Code: 51501
Remarks & Misc
Directions: Multiple Addresses
Status Change Info
Type Of Financing: Conventional
Status Change Date: 2020-12-23
Under Contract Date: 2020-11-11
Sold Date: 2020-12-21
Sold Price: $1,490,000
Miscellaneous Info
Gross Taxes: TBD
Net Taxes: TBD
Tax Year: 2019
Budget Gas: TBD
Budget Elec: TBD
Showing Instructions
Appointment Only: 1
Possession
Tenants Rights: 1
Other: 1
Construction
Frame: 1
Garage
Electric: 1
Garage Door Opener: 1
Architectural Style
Ranch: 1
Roof
Composition: 1
Terms
Cash: 1
Conventional: 1
Interior Amenities
Ceiling Fan(s): 1
Smoke Alarms: 1
Other: 1
Exterior Amenities
Patio: 1
Perm Siding: 1
Basement
Slab: 1
Fireplace
No: 1
Air Conditioning
Central Air: 1
Electric: 1
Heating
Forced Air: 1
Natural Gas: 1
Outbuildings
None: 1
Hot Water Heater
Multiple: 1
Laundry
Dryer Hookup: 1
Main Floor: 1
Washer Hookup: 1
Kitchen Features
Custom Cabinets: 1
Dishwasher: 1
Electric Range: 1
Garbage Disposal: 1
Microwave: 1
Refrigerator: 1
Dining Facilities
Eat-in Kitchen: 1
KIT/DR Combo: 1
Main Level
Baths: 1
Dining: 1
Kitchen: 1
Living Room: 1
Other Bedrooms: 1
Primary Bedroom: 1
Lower/Tri Level
None: 1
Second Level
None: 1
Flood Ins
Not Required: 1
Site Amenities
Concrete Road: 1
Flat Lot: 1
Off Street: 1
Services
Cable: 1
Electrical: 1
Gas: 1
Paving: 1
Public Sewer: 1
Public Sidewalks: 1
Public Water: 1
Status Info
Sold Status: Sold Inner Office
REIDS Incl Sale Prc: No
Sale Price Incl Lot: Yes
Seller Paid Concessions: 0
Property Features
Construction: Frame
Architectural Style: Ranch
Roof: Composition
Basement: Slab
Air Conditioning: Central Air; Electric
Heating: Forced Air; Natural Gas
Hot Water Heater: Multiple
Laundry: Dryer Hookup; Main Floor; Washer Hookup
Fireplace: No
Kitchen Features: Custom Cabinets; Dishwasher; Electric Range; Garbage Disposal; Microwave; Refrigerator
Dining Facilities: Eat-in Kitchen; KIT/DR Combo
Main Level: Baths; Dining; Kitchen; Living Room; Other Bedrooms; Primary Bedroom
Second Level: None
Interior Amenities: Ceiling Fan(s); Smoke Alarms; Other
Exterior Amenities: Patio; Perm Siding
Site Amenities: Concrete Road; Flat Lot; Off Street
Services: Cable; Electrical; Gas; Paving; Public Sewer; Public Sidewalks; Public Water
Terms: Cash; Conventional
Possession: Tenants Rights; Other
Showing Instructions: Appointment Only
Flood Ins: Not Required
Garage: Electric; Garage Door Opener
Outbuildings: None
Financials 
Listing Office: Heartland Properties
Last Updated: August - 30 - 2024
Information deemed reliable but not guaranteed.