118 W Elm St

Sigourney, IA 52591

Welcome to your next investment opportunity! This property includes two buildings on one parcel, offering diverse income with minimal maintenance. Please note newly improved pricing to reflect the motivation to sell. Main Building: 5-Plex Configuration: Two levels of living spaces. Main Level: Two 2bed/1bath apartments. Upstairs: One 1bed/1bath unit and another 1bed/1bath unit with an extra room, ideal for an office. Basement: On-site laundry facilities and a studio apartment, perfect for renting or a live-in superintendent. Features: Renovated in 2021: Modern amenities and aesthetic appeal. Income Potential: Various unit sizes and configurations attract a wide range of tenants. Convenience: On-site laundry and a superintendent's suite enhance tenant satisfaction and security. Duplex: Two-Unit Structure: "Over-under" layout with two 2bed/1bath units. Spacious Living Areas: Large kitchen and living spaces. In-Unit Laundry: Each unit has its own washer and dryer. Additional Information: Occupancy: All units are occupied, providing immediate income. (24-hour notice required for showings) Low Maintenance: Recent renovations and in-unit laundry reduce upkeep. Parking: Off-street parking available. Location: Prime spot, one block from the city square and two blocks from the local grocery. This property is ideal for both seasoned investors and newcomers, offering reliable income and growth potential. Don't miss this chance to own a lucrative investment property! Also Listed Under MLS#202402711. One of the sellers is licensed to sell real estate in Iowa.

This is an Active listing.

Broker Office Phone Number: 319-665-6000

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