Lot For Sale near Storm Lake

6-Unit Property. Exterior Parking. Great Investment Opportunity. This 6-unit complex is a great investment. 2 units are one bedroom, one bathroom, while 4 units are two bedrooms, one bathroom . All units have a living space and kitchen/dining. Market Rent Roll: $4,400. Actual Rent Roll:$2,400 (just recently had turnover with three vacant units currently, refer to T12 to see strong history of property). There is a separate shared laundry space that contains a coin-operated washer and dryer. This is located in the basement. This yields approximately $610/yr. Tenant pays for: Electric. Owner pays for: Electric for common space $86/mo, Water/Sewer $711, Gas $96/mo, Garbage: $93/month. Taxes: $5,650/year. Lawn/Snow Removal: $94/month. Security deposits will be included upon closing. There is ample exterior parking available for tenants.

Property Details

  • Location: Storm Lake
  • Acres: 0.170
  • County: Buena Vista County
  • Property Taxes: $5,650
  • MLS #: 830407

Location

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Contact Information:

Contact Agent
Buyer's Agent: Joe Aube
Real Estate Specialists of Storm Lake Inc.
712-732-7594
Please say you found it on Lakehouse.com !
Listing Agent: Adam Doughan, Real Broker, LLC, 712-441-6097, 515-305-2577 Listing Site, Listing Status: Active
Copyright © 2025 Northwest Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ad Statistics:

Lake Lot For Sale in Storm Lake, Iowa
Ad Number : 6935931
Viewed: 67 times
Added: Dec 08, 2025
Updated on: Jan 07, 2026
All information provided is deemed reliable but is not guaranteed and should be independently verified.