$1,200,000
12.0 Units
MLS: 202501549
Investment Opportunity! This well-maintained 12-unit apartment building in a prime Iowa City location offers excellent rental potential. Featuring eleven 2-bedroom units and one 1-bedroom unit, this property is ideal for tenants seeking convenience and comfort. Each unit includes spacious living areas, well-equipped kitchens, and ample storage. A shared laundry room provides added convenience. Located near the University of Iowa, shopping, dining, parks, and public transportation, this property is perfect for students, professionals, and families.
MLS #: 202501549
Price: $1,200,000
Year Built: 1976
Income/Yr: $139,560.00
Expense/Yr: $0.00
Parking: Guest, Off Street
Basement: Partial
Total Sq Ft: 0
Electric Expense: $1,000.00
Gas Annually: $0.00
Maint Expense: $5,000.00
Insurance Expense: $9,000.00
Gross Tax: $17,760.00
Units: 12.0
Laundry: Laundry Room
Energy Generation:
Heat/Cooling: Central Air
Elementary: Horn
Middle: Northwest
High: West
Information deemed reliable but not guaranteed
 | Edge Realty Group 319-351-3355 |
Listing Office: Skogman Realty Co. - Agent: Travis Gaule - Information furnished by Iowa City Area Association of Realtors