$400,000
$425,000
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514 N Dubuque St Iowa City, IA 52245
2,344 SqFt
Key Details
Sold Price $400,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,344 sqft
Price per Sqft $170
MLS Listing ID 2402632
Sold Date 10/01/24
HOA Y/N No
Total Fin. Sqft 2344
Year Built 1890
Annual Tax Amount $7,539
Lot Size 3,615 Sqft
Acres 0.083
Property Sub-Type Multi Family
Property Description
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.
Location
State IA
County Johnson
Area Iowa City/Coralville
Rooms
Basement Full
Interior
Interior Features InteriorFeatures
Heating Gas, Hot Water
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Common Area
Exterior
Parking Features Parking Space(s)
Utilities Available Separate Meters
Water Access Desc Public
Total Parking Spaces 5
Building
Foundation Block
Sewer Public Sewer
Water Public
Structure Type Aluminum Siding,Composite Siding,Frame
Schools
Elementary Schools Horace Mann
Middle Schools Southeast
High Schools City
Others
Pets Allowed No
Tax ID 1010277003
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Pets Allowed No
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Bought with Cedar Rapids Area Association of REALTORS