514 N DUBUQUE ST IOWA CITY, IA 52245

Features

• Price/sqft: $181
• Lot Size: 0.083 acres
• Total Units: 5
• Stories: 200
• Roof Type: Asphalt
• Heating: Hot Water Heating
• Exterior Walls: Siding (Alum/Vinyl)

Facts

• Year Built: 01/01/1890
• Property ID: 876709710
• MLS Number: 2402632
• Parcel Number: 1010277003
• Property Type: Multi-family (5 or more units)
• County: Johnson
• Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Investor Alert! Well-maintained five-unit multi-family property with several updates. Each apartment has its own bathroom, kitchen, and private entrance. Coin-operated laundry is available on the lower level. Off-street parking for five vehicles. Walking distance to the University of Iowa Campus, shopping, and restaurants. Annual expenses include garbage, water, electricity, gas, snow removal, lawn care, and maintenance. Fully leased through July 27, 2025. Showings for Pre-approved and/or letter of intent to purchase. One owner is a Licensed Realtor in the State of Iowa. Following the owner's review of the pre-approval process, the tenant notice is 48 hours. Current rental permit with the City of Iowa City. Apt. 2-B is $825.00/month. As of 8-1-2024, the annual income will be $41, 340.00. Tenants pay for electricity only.