$240,000
2.0 Units
MLS: 202605182
Close to campus & downtown two story up/down duplex with separate entrances. One bedroom, full bath and laundry in both units. Central gas furnace & A/C units w/gas & electric costs and City trash/water/sewer utility costs shared by tenants. Could easily be restored to a single family home. Upper unit lease expires 10/31/26, Lower unit, 7/31/27. Current rent $600/mo each. Large off-street concrete parking in back of property. 12x18 detached garage. Radon mitigation system. New furnace ~2012. Buyers to agree to 1031 tax-exempt sale terms & can bundle with 20 S Lucas St. Tenants' Rights: minimum of 48 hours notice to show. Possession negotiable. Great opportunity!
MLS #: 202605182
Price: $240,000
Year Built: 1900
Income/Yr: $14,400.00
Expense/Yr: $0.00
Parking: Detached Garage, Off Street, On Street
Basement: Block, See Remarks
Total Sq Ft: 1528
Electric Expense: $0.00
Gas Annually: $0.00
Maint Expense: $2,306.39
Insurance Expense: $2,783.00
Gross Tax: $4,154.00
Units: 2.0
Laundry:
Energy Generation:
Heat/Cooling: Forced Air
Elementary: Mann
Middle: Southeast
High: City
Information deemed reliable but not guaranteed
 | Edge Realty Group 319-351-3355 |
Listing Office: RE/MAX Concepts - Agent: CLAY CLAUSSEN - Information furnished by Iowa City Area Association of Realtors