$245,000
4.0 Units
MLS: 202604653
Investors, this one's for you! Unlock the potential of this income-producing 4-unit multifamily property. Featuring four 2-bedroom, 1-bath units, current rents are Unit 1: $800, Unit 2: $800, Unit 3: $770, and Unit 4: $1,000. This property offers immediate cash flow with upside potential through future rent increases. This property presents an excellent opportunity for investors looking to add value and maximize returns. Located in an area with strong rental demand, this asset offers both stable income and long-term appreciation potential. Please allow 24 hours' notice for all showings. Don't miss your chance to add this promising investment to your portfolio, schedule your tour today! Bonus Opportunity: Purchase 58 Northwood individually, or maximize your investment by packaging it together with 66 Northwood for even greater potential. Note: Each unit in 58 Northwood has it's own parcel number, however, all the units are being sold together. Unit 1: 11333-26013-01000 Unit 2: 11333-26013-01001 Unit 3: 11333-26013-01002 Unit 4: 11333-26013-01003
MLS #: 202604653
Price: $245,000
Year Built: 1980
Income/Yr: $20,220.00
Expense/Yr: $0.00
Parking: Guest, Off Street
Basement: Finished
Total Sq Ft: 3460
Electric Expense: $290.00
Gas Annually: $290.00
Maint Expense: $2,297.00
Insurance Expense: $3,034.50
Gross Tax: $3,971.00
Units: 4.0
Laundry:
Energy Generation:
Heat/Cooling: Central Air, Other
Elementary: Nixon
Middle: Harding
High: Kennedy
Information deemed reliable but not guaranteed
 | Edge Realty Group 319-351-3355 |
Listing Office: Urban Acres Real Estate - Agent: Taylor Blazek - Information furnished by Iowa City Area Association of Realtors