712 E Market St #AND 720
Income Property
Closed
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$2,450,000
2
beds
1
baths
For Details, Contact
Ruhl&Ruhl Realtors

Description

24 2 br 1 ba units in two buildings on Market Street, just east of Dodge St. near U of I and Mercy Hospital. Units are 750 feet with hot water heat and wall A/C units. Central laundry room and great parking in the rear that is alley accessible. Current rents are only $800 but with a little TLC I am estimating $950 or more. Tenants pay electric. Tenant right of 24 hour notice apply, but there may be vacant for immediate showings. See Associated documents for AS IS and Stabilized pro-forma.

Property Highlights

  • County: Johnson
  • Gross Operating Income: $228,288
  • Annual Taxes: $59,806
  • Location: Original Town
  • Elementary School: Mann
  • Middle School: Southeast
  • High School: City
  • Total Number of Units: 24
  • Property Type: Income Property, Multi-Family
  • MLS #: 202205203

General Information

Bathrooms 1 (1 full)
Bedrooms 2
County Johnson County
Elementary School Mann
High School City
Lot Size Dimensions 150 x 160
Lower Level Full Bathrooms 1
Main Level Full Bathrooms 1
Middle/Junior High School Southeast
Subdivision Original Town
Taxes (Est) $59,806

Room Information

Dining Room Yes Level
Family Room Yes Level
Kitchen Yes Level
Living Room
$2,450,000
2
beds
1
baths
For Details, Contact
Ruhl&Ruhl Realtors
Iowa/Iowa City
Iowa City
Price Range
$35K-$1.6M
With a vibrant downtown, a university campus fully integrated in the community and some of the nation's top healthcare and research, there is always something to do and learn. Continue browsing this page to find all listings in Iowa City and...
Location
712 E Market St #AND 720, Iowa City, IA 52245 Driving Directions
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Iowa City
Nearby Schools
Listed by Jeff Edberg, Lepic-Kroeger, Realtors.
Data provided by Iowa City MLS.