2220 LEMON ST, Sioux City, IA 51106

General Description

This well-maintained 5-plex in the heart of Morningside offers an exceptional investment opportunity with a solid history of consistent cash flow and strong NOI. Three of the units have recently been renovated with new flooring, paint, carpet, and windows, while HVAC systems have also been updated. Located in a highly sought-after neighborhood, this property offers immediate cash flow potential with the opportunity to make further improvements to maximize returns. Whether you're adding to an existing portfolio or starting your investment journey, this property provides a reliable, long-term investment with strong rental demand and minimal maintenance needs. Find this opportunity in close proximity to Sioux City shopping and foodservice amenities along with Morningside University.

Legal: HEDGES MORNINGSIDE LOTS 13 & 14 BLK 30

Status: Active

Property Information

MLS #

250124

List Price

$380,000

Features

Furnished

Utilities

Fireplace

LISTED BY

RE/MAX Experience, Jeff Carlson (712.224.4100)

PROPERTY LOCATION

MORTGAGE CALCULATOR

RE/MAX Lakes Realty

Licensed In Iowa,Minnesota Each Office Independently Owned And Operated.

712.336.4967

info@sellboji.com

Ask About this Property #250124

MARKET WATCH

Open House(7)

New Construction(126)

New Listing(34)

Price Adjustment(5)

Price Decreased(169)

COMMUNITY

Jimmy John's

Jimmy John's slices our all-natural meats and fresh veggies in-house every day. Our fresh-baked bread is made right here where you can see it, and our house-made tuna salad is fresh every day. The flavor of a ripe tomato, crisp shredded lettuce, combined with fresh-baked bread, fresh-sliced meat and real Hellmann's mayo - that's when the magic happens. Made with love every single day since 1983. That's Jimmy Fresh!

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About Spirit Lake

Pioneer Theatre

The Pioneer Theatre is one of the area's best-kept secrets. As the owners point out on their website, The Pioneer Theatre is an "historic downtown movie theater with modern recliner seating and family-friendly prices." Checkout the website at milfordpoineertheatre.com for movies and showtimes. You may also buy your tickets and reserve your seats online! Located in Downtown Milford, Iowa--just another great reason to come to Milford!

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About Milford

The Studio Yoga & Barre

Come to one of the two locations: Spencer or Spirit Lake @ Allure & Co. to experience a community of people seeking to live healthier lives through exercising the body and mind.
The Studio Yoga & Barre offers a variety of yoga, barre, cycling and paddle-board classes for different levels of experience.
They also offer yoga and exercise apparel, as well as oils and health supplements.