Price $2,200,000
Status Active
Beds 0
Baths 0 bath
Home size 145,280 sq ft
Lot Size 1.40 ac
Days on Market 14
Salem Real Estate is pleased to present 2110 Summit Street located on the North side of Sioux City, IA. The subject property is a six-story walk-up building consisting of four studios (525 sf); thirty-one one-bedroom (798 sf); five two-bedroom (1,332 sf); and thirteen three-bedroom (1,480 sf) apartments featuring open floor plans, most with two baths, fireplace and considerable closet space. The historic wood trim, floors and fireplaces, as well as the built-in cabinetry are intact. There is an adjacent parking lot with 30 parking spaces and an underground garage with 22 parking spaces with storage units. The asset is nearly fully occupied with long-term tenants in place. Major capital improvements make this an enticing property to real estate investors. The subject property is well located near the beautiful Grandview Park and Bandshell (SITP - Saturday in the Park). Minutes from shopping, restaurants, public and private schools and other amenities. This asset gives an investor the opportunity to acquire a well-maintained asset and achieve above-average returns through rent growth.
Property Type(s): Multi Family
Last Updated 2/9/2018 Year Built 1924
Community Nside Central Garage Spaces 22.0
County Woodbury

Additional Details

AIR None
AREA Nside Central
GARAGE Other-See Comments, Yes
HEAT Radiant
LOT 1.4 acre(s)
TAXES 13220



Contact us about this Property

We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Jim Stephenson to contact you even if your name is on a Federal or State "Do not call List".

Listed with Salem Real Estate
Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.

This IDX solution is (c) Diverse Solutions 2018.

Email a Friend