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625 E Burlington Street

Iowa City, IA 52240
  • $795,000
  • STATUS: Closed
  • ON SITE: 65 Days
  • MLS #: 202305189
Sold - 12/01/2023
$795,000
SOLD - 12/01/2023
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1900
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Well maintained fully leased 9 unit apartment complex for sale. This building is fully leased now until July 2024. Also note the building is almost fully leased for August 1 2024 to end of July 2025 now with rent increases. This is a prime location in the heart of Downtown Iowa City on U of I Campus! Walkable to classes. On both City and Cambus Routes. Onsite laundry. Onsite parking available for Tenants. Give us a call today. Tenants pay all utilities. All showings are subject to Tenants rights 24-hour notice to show. Owner is an Iowa Broker.

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© 2023 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: 2023-12-09T00:26:20.297
www.gwenjohnson.com/homes/144063504
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625 E Burlington Street Iowa City, IA 52240

  • Price: $950,000
  • Status: Closed
  • On Site: 65 Days
  • MLS #: 202305189
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1900
Built
Neighborhood:
Iowa City (Original Town)
County:
Johnson
Area:
Iowa City
Elementary School:
Longfellow
Middle School:
Southeast
High School:
City
Property Description
Well maintained fully leased 9 unit apartment complex for sale. This building is fully leased now until July 2024. Also note the building is almost fully leased for August 1 2024 to end of July 2025 now with rent increases. This is a prime location in the heart of Downtown Iowa City on U of I Campus! Walkable to classes. On both City and Cambus Routes. Onsite laundry. Onsite parking available for Tenants. Give us a call today. Tenants pay all utilities. All showings are subject to Tenants rights 24-hour notice to show. Owner is an Iowa Broker.
Exterior Features

Construction Frame

Interior Features

Appliances DishwasherRange/OvenRefrigeratorDryerMicrowaveWasher Basement FullWalkout Cooling ElectricOther Heating Elevators No Number Fireplaces 0 Unit1 Number Full Baths 1 Unit1 Number Half Baths 0 Unit1 Number34 Baths 0 Unit1 Numberbedrooms 0 Unit2 Number Full Baths 1 Unit2 Number Half Baths 0 Unit2 Number34 Baths 0 Unit2 Numberbedrooms 1 Unit3 Number Full Baths 1 Unit3 Number Half Baths 0 Unit3 Number34 Baths 0 Unit3 Numberbedrooms 0 Unit4 Number Full Baths 1 Unit4 Number Half Baths 0 Unit4 Number34 Baths 0 Unit4 Numberbedrooms 0

Property Features

Amenities SidewalksStreet LightsClose to School Annual Assoc Fee 0 Annual Gross Expense 0 Annual Gross Income 99060 Bank Owned No Electric Annually 0 Fee Includes None Gas Annually 0 Gross Taxcounty And City 12666 Insurance Annually 5411 Internet Yes Lease Value 0 Lot Dimensions 80 x 100 Maintenance Annually 0 New Construction No Parking Spaces 4 or More Cars Possible Finance CashConventional Rental Permit Yes Sale Lease For Sale Sqft Above 4158 Sqft Lower 1500 Type Multi-Family Unit1 Dining Room No Unit1 Living Room Yes Unit1 Monthly Rent 795 Unit2 Dining Room No Unit2 Living Room Yes Unit2 Monthly Rent 895 Unit3 Dining Room No Unit3 Living Room Yes Unit3 Monthly Rent 795 Unit4 Dining Room No Unit4 Living Room Yes Unit4 Monthly Rent 795 Water Annually 0 Water Sewer City SewerCity Water Zoning RNS20

Listing information © 2023 Iowa City Area Association of Realtors.
Listing provided courtesy of Tracy Barkalow of Barkalow & Associates, Realtors: 319-354-8644.



© 2023 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: 2023-12-09T00:26:20.297
 
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The Johnson Team | Skogman Realty
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Coralville IA, 52241