707 BLUFF ST
SHELBY, IA 51570

$299,999

0 Beds

4 Baths

3,400 Sq Ft

Status Active

MLS# 24-784

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, 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. With immediate rental income and and potential for increased profitability, this property is a fantastic opportunity.

Details for 707 BLUFF ST

Built in 1976

$88 / Sq Ft

0 parking spaces

Central A/C, Gas FA

27 Days on website

Interior

Appliances

Refrigerator, Stove, Washer - Coin

Bathrooms Full

Bathrooms Total

Living Area

3,400 SqFt.

Building And Construction

Building Features

Carpets, Common Util Room

Number Of Units Total

Property Sub Type

Multi Family

Property Type

Residential Income

Year Built

1976

Exterior And Lot

Parking Features

7 - 10

Utilities

Heating

Central A/C, Gas FA

Area And Schools

City

SHELBY

County Or Parish

SHELBY

Elementary School

A-H-S-T-W

High School

A-H-S-T-W

Middle Or Junior School

A-H-S-T-W

School District

AHSTW

Financial Info

Auction

Bank Owned?

Tax Annual Amount

$1,478

Tax Year

2022

Additional Info

Miscellaneous

Individual Elec Mtrs, Security Deposit

Details for 707 BLUFF ST

Interior

Building And Construction

Exterior And Lot

Utilities

Area And Schools

Financial Info

Additional Info

Area Information for 707 BLUFF ST