211 5th Street, Sac City, IA 50583

Sac City, IA Homes for Sale in 50583 and Real Estate MLS # 241272 ( )

$112,500

  • 5
  • 3
  • 1883
  • Active

General Description

Fantastic investment opportunity! This 3-unit apartment house featuring two apartments on the main floor and an a spacious & inviting upstairs unit, all currently rented and generating steady income. Each apartment is designed for comfort and convenience and situated close to downtown. With a strong rental history and the potential for future appreciation, this complex is not just a property—it's a pathway to financial growth. Don’t miss out on this chance to expand your portfolio and secure your place in a vibrant real estate market!

Legal: SAC CITY INC N 72' LOTS 5 & 6 BLK 24 ORIGINAL & S 10' VAC ALLEY ADJ TO N (Exact legal to be taken from abstract(s)
Status: Active

Property Information

241272

$112,500

Sale

Triplex

MULTIFAMILY

211 S 5th Street

Sac City

IA

50583

5

3

1883

10824

None

506

2023

East Sac

1880

Features

No

Utilities

No

LISTED BY

Hometown Realty, Kelly Bierl (712.260.5711)

PROPERTY LOCATION

MORTGAGE CALCULATOR


RE/MAX Lakes Realty - Licensed In Iowa,Minnesota,Nebraska Each Office Independently Owned And Operated.

RE/MAX Lakes Realty

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

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The O'Farrell Sister is a historic Okoboji Tradition that one must check out for breakfast and lunch!

'Farrell Sisters History
The O'Farrell Sisters restaurant was born in 1949 at the bridge on Hwy 71, between East and West Lake Okoboji. Edna Mae and Arlene O'Farrell bought the business from Ike Kissinger who was running for Sheriff of...  Dickinson County.

In the early years the girls were open seven days a week and had a booming business in no time. The fried chicken dinners on Sunday evenings were especially popular. There were times when the line waiting to get in was so long they'd have to lock the door and would often run out of chicken!

In 1959 Arlene married and moved to Tallahassee, Florida with her husband Furman Henderson. Edna Mae and Ferne continued in the restaurant, moving to its present location that same year. This spot had a garden and chicken coup, which was moved to the house across the street.

Ferne died in 1974 and Edna Mae in 1978. Arlene sold the business to nieces Joyce Gapinski, Jo Ann Anderson, Charlotte Sarvie and Cheri Petersen (these are married names). The nieces successfully ran the restaurant from 1979 through 2003. After losing Jo Ann in 1997 and Cheri in 2002, Joyce and Charlotte decided to sell after the 2003 season.

The rest is to be continued...
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