2220 LEMON ST 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 (712.635.1763)

PROPERTY LOCATION

MORTGAGE CALCULATOR

RE/MAX Lakes Realtya

Licensed In Iowa Each Office Independently Owned And Operated.

712.336.4967

info@sellboji.com

Ask About this Property #250124

MARKET WATCH

Open House(1)

New Construction(109)

New Listing(24)

Price Adjustment(5)

Price Decreased(154)

COMMUNITY

Central Emporium

The Central Emporium is the best variety of shops and attractions, all under one roof! This location features shops for swimsuits, sweatshirts, jewelry, decorations for your home and some things that are just for fun. Find sweet treats at the candy store, enjoy a lakeside lunch or cocktail at the lower level patio bar, or have dinner with an amazing view of West Lake. Make sure to stop at the Central Emporium on your next Okoboji summer vacation.

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Captains Getaway

Whether you want to sit and enjoy great live music or eat a juicy steak with a lobster tail, this is a great place to spend some time. They have great ownership accompanied by a great staff. You just cannot go wrong. Located in the center of the action on Broadway Street, you are within walking distance of Arnolds Park Amusement Park. You should definitely stop in, enjoy a nice meal and listen to some great music.

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