$309,950 - 1721 Sq Ft - 4 bed 2 bath - MLS: 202602308
Welcome to this charming and well-located property in the heart of Iowa City right on a corner lot! This split-level home offers a unique investment or owner-occupant opportunity, currently split into two rentable units. A 2-bedroom 1-bathroom unit is located on the upper level. There is a one-bedroom/studio unit layout in the lower level. A one stall attached garage provides easy access to the lower-level unit, while the front door will easily take you to the upper unit. Each level has their own in-unit laundry and appliances. There is an additional one-stall garage that can be used as a workshop or storage unit, conveniently located on the neighboring lot with plenty of room for driveway parking and even gardening or entertaining with a spacious and manageable yard. Each unit is currently tenant occupied on a month-to-month lease, making this an excellent opportunity to expand your investment portfolio while making instant cash flow. This home can also easily be converted back into a home for owner occupancy. You could even live in one unit while renting out the other, making this versatile property full of potential! Just minutes from downtown, parks, and the University of Iowa, the location provides strong rental appeal with easy access to shopping, dining, and entertainment. Each unit offers comfortable living spaces!
MLS #: 202602308
Price: $309,950
Year Built: 1992
Bedrooms: 4
- Upper: 0.0
- Main: 3.0
- Lower: 1.0
Total Baths: 2
- Upper Half: 0.0 ▪ Full: 0.0
- Main: Half: 0.0 ▪ Full: 1.0
- Lower: Half: 0.0 ▪ Full: 1.0
Building Style: Split
Basement: Full
Total Sq Ft: 1721
Above Ground: 1146
Finished Lower: 575
Lot Size: 50x125
Fireplaces:
Parking: Attached Garage, Off Street
Kitchen: Main Level
Dining Room: Main Level
Living Room: Main Level
Primary Bedroom: Main Level
Heat/Cooling: Forced Air, Central Air
Elementary: Longfellow
Middle: Southeast
High: City
Information deemed reliable but not guaranteed
 | Edge Realty Group 319-351-3355 |
Listing Office: Barkalow & Associates, Realtors - Agent: Tracy Barkalow - Information furnished by Iowa City Area Association of Realtors