This 6-plex has been improved since being bought in 2023 and still has even more room for an increase in income. The 6 units are made up of four, two bedroom 1 bath units, and two, one bed one bath units. The owner pays for water, sewer, garbage, and common electric. Tenant pays for their electric. There is coin washer/dryer. Rents have been stabilized but there is still room for grown. It is fully occupied.
Off market
Price Unknown
416 Michigan St, Storm Lake, IA 50588
10beds
--sqft
MultiFamily
Built in 1947
-- sqft lot
$-- Zestimate®
$--/sqft
$1,012 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 6
- Full bathrooms: 6
Appliances
- Included: Freezer, Range / Oven, Refrigerator
Features
- Flooring: Hardwood
Property
Parking
- Parking features: Off-street
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1947
Community & neighborhood
Location
- Region: Storm Lake