$209,900 Price Analysis   ♡   Glenwood, IA 51534 5 bed 4 bath 2,800 SqFt ($74/SqFt) 0.29 acre lot. Built 1890 Listed 2024-04-19, Taxes $2,406 | ✓ USDA Eligible near Glenwood, IA Restrictions may apply due to home size |
Cash flowing 4 p lex for sale!
Building is conversion with separately metered electricity. The three one bedroom units are leased and then there is a vacant 2 bedroom unit ready to be leased or moved into if house hacking.
Owner pays water and gas. Pro-forma cap rate of over 13%. Financials available. Pristine roof and gutters in 2022.
Presented by Kody Stowell at
Realty One Group Sterling.
Property MLS #24-682 from CouncilBluffs
Bedrooms: 5
Carpets
Common Util Room
Common Util Room
Dryer - Coin
Refrigerator
Stove
Washer - Coin
Refrigerator
Stove
Washer - Coin
Full Bathrooms: 4
Hot Water
Window A/C
Window A/C
Lot Size Acres: 0.2892562
Lot Size Square Feet: 12600
Lot Size Square Feet: 12600
Parking Features: 1 - 3
Elementary School: GLENWOOD
High School: Glenwood
Middle School: Glenwood
School District: Glenwood
High School: Glenwood
Middle School: Glenwood
School District: Glenwood
West Elementary School is a public elementary school located approximately 0.1 miles away.
Map directions
Map directionsGlenwood Middle School is a public middle school located approximately 0.7 miles away.
Map directions
Map directionsGlenwood Senior High School is a public high school located approximately 0.9 miles away.
Map directions
Map directionsGross Income: 43200.00
Tenant Pays: Electric
Tenant Pays: Electric
Number of Units: 4
Number of 1 Bedroom Units: 3
Number of 2 Bedroom Units: 1
Number of 1 Bedroom Units: 3
Number of 2 Bedroom Units: 1
Individual Elec Mtrs
Security Deposit
Source Listing Status: Active
County: MILLS
Tax Year: 2022
Source Property Type: MultiFamily
Area: Area 12
Source Neighborhood: Area 12
Owner Pays: Garbage, Gas, Water
Parcel Number: 054820000000000
Property Subtype: 4-Family
Source System Name: C2C
Security Deposit
Source Listing Status: Active
County: MILLS
Tax Year: 2022
Source Property Type: MultiFamily
Area: Area 12
Source Neighborhood: Area 12
Owner Pays: Garbage, Gas, Water
Parcel Number: 054820000000000
Property Subtype: 4-Family
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $73,152 + $21,000 $94,152 | $2,406 |
| 2021 | $73,152 + $21,000 $94,152 | $2,604 |
| 2020 | $73,152 + $21,000 $94,152 | $2,722 |
| 2019 | $73,152 + $21,000 $94,152 | $2,144 |
| 2018 | $53,149 + $17,640 $70,789 | $2,258 |
| 2017 | $53,149 + $17,640 $70,789 | $2,248 |
| 2016 | $53,149 + $17,640 $70,789 | $2,184 |
| 2014 | $53,149 + $17,640 $70,789 | $2,454 |
| 2013 | $53,149 + $17,640 $70,789 | $2,658 |
| 2012 | $unknown + $unknown $70,789 | $2,842 |
| 2011 | $unknown + $unknown $70,789 | $2,798 |
| 2008 | $53,149 + $17,640 $70,789 | $2,914 |
Price Changed 2024-04-24
$209,900
CouncilBluffs
Listed 2024-04-19
$214,900
CouncilBluffs
Sold 2022-02-28
$140,000
Public Record
$209,900
CouncilBluffs
Listed 2024-04-19
$214,900
CouncilBluffs
Sold 2022-02-28
$140,000
Public Record
Total Square Feet Living: 2800
Year Built: 1890
Building Exterior Type: Frame
Property Age: 134
Roof: Composition
Levels or Stories: Two
Year Built: 1890
Building Exterior Type: Frame
Property Age: 134
Roof: Composition
Levels or Stories: Two
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.