2220 LEMON ST LEMON ST, Sioux City, IA 51106

Sioux City, IA Homes for Sale in 51106 and Real Estate MLS # 250124 ( )

$380,000

  • 6
  • 5
  • N/A
  • Active
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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

250124

$380,000

Sale

Quadruplex

MULTIFAMILY

2220 S LEMON ST

Sioux City

IA

51106

6

5

12000

Attached, Detached

5024

2023

Sioux City

1912

Features

No

Utilities

No

LISTED BY

RE/MAX Experience, Jeff Carlson (712.224.4100)

PROPERTY LOCATION

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RE/MAX Lakes Realtya - Licensed In Iowa Each Office Independently Owned And Operated.

RE/MAX Lakes Realtya

Licensed In Iowa Each Office Independently Owned And Operated.

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COMMUNITY

"Turn-Over" Thermocline

Referred to locally as the lake turning over the thermocline is a feature of lakes with deep water. The water on the top of the lake changes temperature much more variably during the year. On West Lake, it can reach as much as 75 degrees in July while the water below, greater than 35 or 40 feet deep is relatively stable around 45 degrees. In the fall and early winter, the top strata of the lake will cool to below 45 degrees, and then because it becomes denser, it will "sink" below the lower strata, thus, displacing it and making the lake "turn-over". In the deepest part of West Lake (near the 136ft mark), no light is availble, and hence little life is known whether fish or plant. Typically questions are raised as to why the surface water gets dirty for a short period of time in the fall, this this is the standard answer.

Real Estate and MLS Homes For Sale in West Lake Okoboji

Dixon Family Chiropractic

Dixon Family Chiropractic in Spirit Lake

Dixon Family Chiropractic is a clinic located on Hwy 9, east of Walmart, next to Pizza Ranch and has convenient hours.....open 6 days a week at 7:30 am, evenings and Saturdays. Formerly in the convenient health care building south of the 4 way stop in Spirit Lake, Wade and Adalee offer a friendly staff and professional services.

Real Estate and MLS Homes For Sale in Spirit Lake

Walleye Weekend

Walleye Weekend in East Lake Okoboji

Its almost here!!! Walleye Weekend marks the beginning of another great summer here in the Okoboji Area. Anglers from all over come to try and catch the prize fish. Our local DNR tag and release specific Walleyes while they are gillnetting in the Spring. Whether you are fishing from shore or by boat, you cannot go wrong. It is a great time to get the season started and check out the local restaurants. Maybe you will catch the big one. For more information about Walleye Weekend you can go to http://okobojichamber.com/events-calendar/iowa-great-lakes-walleye-weekend/

Real Estate and MLS Homes For Sale in East Lake Okoboji

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