Skip To Content
    Return to Previous Page

    639 S Lucas St

    Iowa City, IA 52240
    • $995,000
    • STATUS: Active
    • ON SITE: 181 days
    • MLS #: 202003674
    UPDATED: 78 min ago
    $995,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1971
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Well rented 12 plex with off street parking, 10 units are 2 bed/1 bath (600 sf) and 2 units are 1 bed/1 bath (400 sf). All rents are $750 per month. Gas and water provided by Landlord (central boiler) and window air units on tenants electrical meter. House electrical is included in gas expense above. Common hallways with security door entry, coin operated laundry. Walking distance to bus route, downtown campus and local shopping/restaurants. Kitchens have dishwashers, disposals, stove and refrigerator.

    Monthly Payment Calculator



    © 2020 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. Data last updated: 2020-12-03T00:25:38.917
    www.gwenjohnson.com/homes/106551852
    Print Image

    639 S Lucas St Iowa City, IA 52240

    • Price: $995,000
    • Status: Active
    • Updated: 78 min ago
    • MLS #: 202003674
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1971
    Built
    Neighborhood:
    None
    County:
    Johnson
    Area:
    Iowa City
    Elementary School:
    Longfellow
    Middle School:
    Southeast
    High School:
    City
    Property Description
    Well rented 12 plex with off street parking, 10 units are 2 bed/1 bath (600 sf) and 2 units are 1 bed/1 bath (400 sf). All rents are $750 per month. Gas and water provided by Landlord (central boiler) and window air units on tenants electrical meter. House electrical is included in gas expense above. Common hallways with security door entry, coin operated laundry. Walking distance to bus route, downtown campus and local shopping/restaurants. Kitchens have dishwashers, disposals, stove and refrigerator.
    Exterior Features

    Construction BrickWood Siding Parking Assigned SpaceOff StreetOver 1 Space

    Interior Features

    Appliances Unit1 DishwasherDisposalRange/OvenRefrigeratorSmoke/Fire Alarm Appliances Unit2 DishwasherDisposalRange/OvenRefrigeratorSmoke/Fire Alarm Appliances Unit3 DishwasherDisposalRange/OvenRefrigeratorSmoke/Fire Alarm Appliances Unit4 DishwasherDisposalRange/OvenRefrigeratorSmoke/Fire Alarm Basement Slab Cooling ElectricWindow/Wall Units Elevators No Energy Related Insulation-CeilingWater Heater-Gas Heating GasBaseboardSteam/Hotwater Laundry Coin Laundry Number Fireplaces 0 Unit1 Number Full Baths 1 Unit1 Number Half Baths 0 Unit1 Number34 Baths 0 Unit1 Numberbedrooms 2 Unit2 Number Full Baths 1 Unit2 Number Half Baths 0 Unit2 Number34 Baths 0 Unit2 Numberbedrooms 2 Unit3 Number Full Baths 1 Unit3 Number Half Baths 0 Unit3 Number34 Baths 0 Unit3 Numberbedrooms 2 Unit4 Number Full Baths 1 Unit4 Number Half Baths 0 Unit4 Number34 Baths 0 Unit4 Numberbedrooms 2

    Property Features

    Amenities SidewalksStreet LightsClose To SchoolClose To Shopping Annual Assoc Fee 0 Annual Gross Expense 41485 Annual Gross Income 108000 Bank Owned NO Electric Annually 0 Gas Annually 4183 Gross Taxcounty And City 22156 Insurance Annually 6417 Internet Yes Lease Term Unit1 Years Lease Term Unit2 Years Lease Term Unit3 Years Lease Term Unit4 Years Lot Dimensions 60 X 200 Maintenance Annually 4052 New Construction No Possible Finance 1031 ExchangeCashConventional Rental Permit Yes Sale Lease For Sale Sqft Above 8979 Sqft Lower 0 Type Multi-Family Type Multi Family Apartments (5+ Units)Other- See Remarks Unit1 Dining Room Yes Unit1 Living Room Yes Unit1 Monthly Rent 750 Unit2 Dining Room Yes Unit2 Living Room Yes Unit2 Monthly Rent 750 Unit3 Dining Room Yes Unit3 Living Room Yes Unit3 Monthly Rent 750 Unit4 Dining Room Yes Unit4 Living Room Yes Unit4 Monthly Rent 750 Utilities Available Cable Paid By Ind.Electricity Ind. MetersGarbage in RentGas in RentWater in Rent Water Annually 3827 Water Sewer City SewerCity Water Zoning Rm-12

    Listing information © 2020 Iowa City Area Association of Realtors.
    Listing provided courtesy of Bill Wittig of Elite First Realty Iowa City, Inc..



    © 2020 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. Data last updated: 2020-12-03T00:25:38.917
     
    https://bt-photos.global.ssl.fastly.net/iowacity/orig_boomver_1_202003674-2.jpg https://bt-photos.global.ssl.fastly.net/iowacity/orig_boomver_1_202003674-2.jpg https://bt-photos.global.ssl.fastly.net/iowacity/orig_boomver_1_202003674-2.jpg
    Logo
    The Johnson Team
    2530 Corridor Way
    Coralville IA, 52241