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1124 Oakcrest St.

Iowa City, IA 52246
  • $1,100,000
  • STATUS: Closed
  • ON SITE: 350 Days
  • MLS #: 202304071
Sold - 12/15/2023
$1,100,000
SOLD - 12/15/2023
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1975
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

12 Units @ 1124 Oakcrest St. in Iowa City 100% rented. 2 Bedroom 1 Bath units. Rent per unit at 1124 OC - $825. Many updates throughout the buildings. Neither building is in an association. Rents are below average and have a lot of room for increase. On site laundry at both locations. This listing is affiliated with the building below and listed together at $2,050,000 PLEASE NOTE THAT ALL EXPENSE AND INCOME INFORMATION IS BOTH OF THESE 12 PLEX'S, EXPENSE NUMBERS HAVE NOT BEEN SEPERATED. PLEASE ASK LISTING AGENT FOR ALL INCOME AND EXPENSE REPORTS 1124 Oakcrest - $1.1M 934 23rd Ave. - $950,000 Showings to be set up with the Lepic Elite Home Team. Please contact either Matthew Lepic or Jim McDonald. Allow 48 hours' notice.

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© 2024 Iowa City Area Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Johnson Team | Skogman Realty. Data last updated: 2024-07-14T18:26:01.887
www.gwenjohnson.com/homes/141954113
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1124 Oakcrest St. Iowa City, IA 52246

  • Price: $1,100,000
  • Status: Closed
  • On Site: 350 Days
  • Updated: 109 min ago
  • MLS #: 202304071
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1975
Built
Neighborhood:
None
County:
Johnson
Area:
Iowa City
Elementary School:
Horn
Middle School:
Northwest
High School:
West
Property Description
12 Units @ 1124 Oakcrest St. in Iowa City 100% rented. 2 Bedroom 1 Bath units. Rent per unit at 1124 OC - $825. Many updates throughout the buildings. Neither building is in an association. Rents are below average and have a lot of room for increase. On site laundry at both locations. This listing is affiliated with the building below and listed together at $2,050,000 PLEASE NOTE THAT ALL EXPENSE AND INCOME INFORMATION IS BOTH OF THESE 12 PLEX'S, EXPENSE NUMBERS HAVE NOT BEEN SEPERATED. PLEASE ASK LISTING AGENT FOR ALL INCOME AND EXPENSE REPORTS 1124 Oakcrest - $1.1M 934 23rd Ave. - $950,000 Showings to be set up with the Lepic Elite Home Team. Please contact either Matthew Lepic or Jim McDonald. Allow 48 hours' notice.
Exterior Features

Architectural Style ThreePlusStories Construction Materials VinylBrickFrame Exterior Features Other Lot Features CulDeSac Lot Size Dimensions IRR Open Parking Spaces 4 Parking Features OffStreet

Interior Features

Above Grade Finished Area 0 Appliances RangeOrOvenRefrigeratorMicrowave Basement SeeRemarks Below Grade Finished Area 0 Fireplaces Total 0 Flooring CarpetVinylTile Heating ElectricBaseboardSteam Interior Features KitDiningRmCombCableAvailableOther Laundry Features LaundryRoom

Property Features

Association Fee Text none Auction Online Bid YN No Community Features PetPolicySidewalksStreetLightsCloseToSchoolOnBusLine Compensation Remarks 2.5 Electric Expense 0 Expiration Date 2024-02-29 Gas Annually 0 Green Verification YN No Gross Income 197544.55 Insurance Expense 0 Lease Value 0 Listing Terms Exchange1031CashConventional Maintenance Expense 0 New Construction YN No Operating Expense 104401.83 Possession Negotiable Property Sub Type MultiFamily Renting Allowed YN Yes Tax Annual Amount 20814 Tax Year 2022 Utilities CitySewerCityWaterWaterSoftenerOwned Water Sewer Expense 0 Zoning R3+

Listing information © 2024 Iowa City Area Association of Realtors.
Listing provided courtesy of Matthew Lepic of Lepic-Kroeger, REALTORS: 319-351-8811.



© 2024 Iowa City Area Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Johnson Team | Skogman Realty. Data last updated: 2024-07-14T18:26:01.887
 
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