$289,000 Price Analysis    ♡   Shelby, IA 51570 8 bed 4 bath 3,400 SqFt ($85/SqFt) 0.81 acre lot. Built 1976 Listed 2024-05-03, Taxes $1,518 | ✓ USDA Eligible near Shelby, IA Restrictions may apply due to home size |
Discover an incredible investment opportunity with this Four-plex located in Shelby
Iowa, 35 minutes from downtown Omaha. Perfect for expanding your investment portfolio or for house hacking. Each featuring 2 bedrooms, 1 full bathroom, vast 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 potentil to increase rents to market value and implement a RUBS (Ratio Utility Billing System) for additional income. Ample parking is provid ed for tenants. A new water line was recently installed. With immediate rental income and potential for increased profitability, this property is a fantastic opportunity. Dont miss outcontact the agent today to schedule a showing.
Presented by Cristina M. Luckey at
REAL Broker NE, LLC.
Property MLS #22410934 from GreatPlainsRegional
Primary Bedroom Level: Main Floor
Full Bathrooms: 4
Heating Features: Forced Air
Heating Fuel: Gas
Lot Size Dimensions: 10, 000
Lot Size Square Feet: 35284
Calculated Total Monthly Association Fees: 0
High School: A-H-S-T
Middle School: A-H-S-T
Map directions Map directions Map directionsSource Listing Status: Active
County: Shelby
Directions: GPS
Tax Year: 2022
Source Property Type: RESIDENTIAL
Property Subtype: townhouse
Source Neighborhood: ORIGINAL TOWN
Ownership Type: Fee Simple
Parcel Number: 832900001012
Subdivision: ORIGINAL TOWN
Property Subtype: Quadruplex
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2021 | $74,368 + $12,135 $86,503 | $1,518 |
| 2021 | $74,368 + $12,135 $86,503 | $1,518 |
| 2020 | $64,668 + $12,135 $76,803 | $1,592 |
| 2019 | $64,668 + $12,135 $76,803 | $1,642 |
| 2018 | $64,668 + $12,135 $76,803 | $1,622 |
| 2017 | $64,668 + $12,135 $76,803 | $1,754 |
| 2016 | $64,668 + $12,135 $76,803 | $1,868 |
| 2015 | $64,668 + $12,135 $76,803 | $1,952 |
| 2014 | $64,668 + $12,135 $76,803 | $2,044 |
| 2013 | $64,668 + $12,135 $76,803 | $2,116 |
| 2012 | $64,668 + $12,135 $76,803 | $2,196 |
| 2011 | $64,668 + $12,135 $76,803 | $2,346 |
| 2008 | $68,918 + $9,360 $78,278 | $2,548 |
| 2003 | $unknown + $unknown $67,738 | $2,076 |
$289,000
CouncilBluffs
Price Changed 2024-06-12
$289,000
GreatPlainsRegional
Price Changed 2024-05-28
$299,999
CouncilBluffs
Price Changed 2024-05-28
$299,999
GreatPlainsRegional
Listed 2024-05-03
$310,000
CouncilBluffs
Listed 2024-05-03
$310,000
GreatPlainsRegional
Sold 2023-06-01
$170,000
Public Record
Sold 2011-08-01
$65,000
WestCentralIA
Listing removed 2011-07-18
$75,000
WestCentralIA
Price Changed 2011-04-18
$75,000
WestCentralIA
Relisted 2011-04-12
$89,900
WestCentralIA
Listing removed 2011-03-18
$89,900
WestCentralIA
Price Changed 2010-05-11
$89,900
WestCentralIA
Listed 2009-12-18
$99,900
WestCentralIA
Year Built: 1976
Foundation Details: Concrete Block
Property Age: 48
Total Above Grade Sqft Area: 3400
Total Area Main: 1700
Total Below Grade Area: 800
Year Built Details: Not New and NOT a Model
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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.