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5 Woolf Ave Iowa City IA 52240

IA, Iowa City For sale MULTI-FAMILY New 4 or More Cars See Remarks Range/Oven, Refrigerator
For saleMULTI-FAMILYIAIowa City522405 Woolf Ave, Iowa City, IA, 52240
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  • MULTI-FAMILY
  • For sale

5 Woolf Ave Iowa City IA 52240

5 Woolf Ave, Iowa City, IA, 52240
$1,875,000
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Basics

  • Date added: Added 2 months ago
  • Type: MULTI-FAMILY
  • Status: New
  • DOM: 36
  • Subdivision: Ackermans
  • Year built: 1958
  • Water/Sewer: City Sewer,City Water
  • Heating/Cooling: Electric,Gas,Forced Air,Other Cooling
  • Unit #: & 15
  • Units Total: 17
  • Address: 5 Woolf Ave, Iowa City, IA, 52240
  • MLS ID: 202507216

Description

  • Description:

    Two well-maintained brick buildings on 0.40 acres of land located directly across from the VA Hospital and just a short walk to the UI Dental College and UIHC. This prime campus-area location offers dependable rental demand and exceptional long-term redevelopment potential. Building 1 has 9 studio units with approx 500 SF. Building 2 has 8 charming 2 BR / 1 BA apartments, each approx 800 SF. Both buildings have laundry rooms on site. Plenty of off-street parking including garages. Ideal as a stable income property with the added benefit of future high-end condo redevelopment in an irreplaceable Iowa City location close to hospitals, academics, transit & campus services. Please allow 48 hours' notice for tenants.

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Location

  • Directions: From eastbound Hwy 6, southeast on Newton Rd, north on Woolf Ave. At the corner of Woolf Ave and Newton Rd. Just west of the VA Hospital and east of Carver Hawkeye Arena.
  • County: Johnson

Building Details

  • Basement: See Remarks
  • Parking: 4 or More Cars

Amenities & Features

  • Features:
    Range/OvenRefrigerator

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Joanne M. Stevens

1005 Blairs Ferry RD, Ste 210
Cedar Rapids, IA 52402
Phone: (319) 378-6786
Fax: (515) 453-4484
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