$3,000,000
16.0 Units
MLS: 202304995
Wonderful opportunity to own an iconic incomer/business property in NEAR NORTHSIDE Neighborhood of Iowa CIty. 2 long time commercial tenants, and 16 apartments. Always fully rented. Downtown location. PIZZA and LAUNDROMAT are Tenants and are NOT CLOSING!!! ** This property has recently been added to the Iowa CIty Historical list. A 'Historical Overlay' is now in place. This affords several avenues for TAX CREDITS and RE-HAB FUNDING in the event a new owner were to pursue.
MLS #: 202304995
Price: $3,000,000
Year Built: 1878
Income/Yr: $193,200.00
Expense/Yr: $0.00
Parking: Attached Garage, On Street
Basement: Stone, Partial, Unfinished
Total Sq Ft: 0
Electric Expense: $0.00
Gas Annually: $0.00
Maint Expense: $0.00
Insurance Expense: $17,500.00
Gross Tax: $37,822.00
Units: 16.0
Laundry: None
Energy Generation:
Heat/Cooling: Electric, Natural Gas, Steam, Central Air
Elementary: Mann
Middle: Southeast
High: City
Information deemed reliable but not guaranteed
 | Edge Realty Group 319-351-3355 |
Listing Office: RE/MAX Affiliates - Agent: Rex Brandstatter - Information furnished by Iowa City Area Association of Realtors