Single Family for Sale: 707 Bluffs Street, Shelby, IA 51570 SOLD

8 beds
4 baths
$289,000
$282,500
707 Bluffs Street, Shelby, IA 51570 SOLD
8 beds
4 baths
$289,000
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Selling Price: $282,500
Original List Price: $310,000
Sold at 91.1% of list price
Sold Date: 09/27/2024

Type Single Family
Style Other
Beds 8
Total Baths 4
Above Grade 3,400 sqft
Square Feet 3,400 sqft
Lot Size 0.81 acres
Year Built 1976

City Shelby
County Shelby
School District Other
Subdivision ORIGINAL TOWN

MLS 22410934
Status SOLD
DOM 147 days
Discover an incredible investment opportunity with this Four-plex located in Shelby, Iowa, just 35 minutes from downtown Omaha. Perfect for expanding your investment portfolio or for house hacking. Each featuring 2 bedrooms, 1 full bathroom, spacious 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 potential to increase rents to market value and implement a RUBS (Ratio Utility Billing System) for additional income. Ample parking is provided for tenants. A new water line was recently installed. With immediate rental income and potential for increased profitability, this property is a fantastic opportunity.

Room Features

Laundry Room Below Grade
Primary Bedroom Main Floor
Basement Yes

Lot & Building Features

Sewer Public Water
Tax Year 2022
Above Grade SQFT 3400

Community and Schools

Elementary School A-H-S-T
Junior High School A-H-S-T
Senior High School A-H-S-T

Price History of 707 Bluffs Street, Shelby, IA

Date Name Price Difference
06/12/2024 Price Adjustment $282,500 5.83%
05/28/2024 Price Adjustment $299,999 3.23%
05/03/2024 Listing Price $310,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 707 Bluffs Street, Shelby, IA

Location Map Street View
Photo of Chris Podraza
Chris Podraza
Realtor
Direct: 402-320-6820
Office
13057 W. Center Road Suite 1
Omaha, NE 68144
402-320-6820
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Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

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