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4391 Berkeley Lane Iowa City, IA 52245 Residential - Condominium Active

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Description

Great investment opportunity with built-in appeal! This flat-style condo offers a functional 2 bed, 2 bath layout, including a primary suite with private bath - ideal for tenant comfort and retention. The spacious living room features a gas fireplace, while the kitchen with breakfast bar flows into a dedicated dining area. A screened porch overlooking open green space adds desirable outdoor living, and the detached 2-car garage is a strong value-add for renters. Located near walking trails and on a bus route with easy access to downtown, this property checks key boxes for convenience and long-term rental demand. Closing to take place in August. 24 hour notice required for showings. Rented for $1,250 until 7/23/2027

Property Highlights

Property Type: Residential - Condominium
Total Living Area SF: 1,150
Garage Size: 2
Built in 2003
Elementary School: Hoover
High School: City
Middle School: Southeast
Wooded Lot
Brick Exterior

General Information

Bedrooms: 2
Bathrooms: 2
Sqft: 1,150
County: Johnson
High School: City
Listed By:
Edge Realty Group, Inc 319-351-3355 Tim Lehman
Cedar Rapids MLS
$175,000
Est. $1,172/mo
2beds
2baths
1,150sqft
2cars
New to the Market Active
BEDS2 BATHS2 full SQUARE FEET1,150 MLS#2602765
STATUSActive PROPERTY TYPEResidential - Condominium

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Ruhl&Ruhl Realtors
563.441.1776

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4391 Berkeley Lane , Iowa City, IA 52245.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $175,000$175,000$175,000
Down Payment $35,000$6,125$43,750
Monthly Mortgage Amount $828$1,030$1,064
Taxes $244$244$244
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$77$0
Monthly Estimated Total $1,172$1,451$1,408

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