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523 S Lucas St Iowa City, IA 52240 Multi Unit - Multiple Active

New - 45 Hours Ago
  • 523 S Lucas St, Iowa City, IA 52240 Main Photo

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Description

Fabulous turn of the century bungalow located in the Lucas Street Conservation District. Well maintained up/down duplex that is fully rented through July 2027. Super cute main floor unit has hardwood floors, 3 bedrooms, 1 bath and fabulous screened in porch. Great natural light throughout. The fireplace in the livingroom has never been used by the tenant and not warranted by the estate. Sweet built-in cabinets appropriate to the era in the hallway between the bedrooms. The quaint kitchen hasample storage and leads to the basement with storage and laundry. The lower level unit is accessible from the rear entry and has been occupied by the same tenant for over 20 years. Fabulous back yard with great garden spaces. There is parking in the back off the alley and parking on the street. Easy access to downtown and the university. Just blocks from bus stop.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 4
Bathrooms: 2
County: Johnson
High School: City
Subdivision: Oak Hill Addition
Listed By:
Phoebe Martin Real Estate Phoebe Martin 319-519-6891
ICAAR MLS

Units

Unit 1:
Bedrooms: 3
Baths Full: 1
Rent: $1450.00
Unit 2:
Bedrooms: 1
Baths Full: 1
Rent: $1090.00
$275,000
Est. $1,838/mo
4beds
2baths
New to the Market Active
BEDS4 BATHS2 full MLS#202603316
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONOak Hill Addition

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Ruhl&Ruhl Realtors
563.441.1776

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523 S Lucas St, Iowa City, IA 52240.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $275,000$275,000$275,000
Down Payment $55,000$9,625$68,750
Monthly Mortgage Amount $1,355$1,685$1,727
Taxes $383$383$383
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$121$0
Monthly Estimated Total $1,838$2,289$2,210

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