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615 N Dubuque St. Iowa City IA 52245

IA, Iowa City For sale MULTI-FAMILY Sold 4 or More Cars Block Dryer, Range/Oven, Refrigerator, Washer
For saleMULTI-FAMILYIAIowa City52245615 N Dubuque St., Iowa City, IA, 52245
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  • MULTI-FAMILY
  • For sale

615 N Dubuque St. Iowa City IA 52245

615 N Dubuque St., Iowa City, IA, 52245
    $840,000
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    Basics

    • Date added: Added 7 days ago
    • Type: MULTI-FAMILY
    • Status: Sold
    • DOM: 112
    • Subdivision: Colman's
    • Year built: 1900
    • Water/Sewer: City Sewer,City Water,Public Water
    • Heating/Cooling: Window/Wall Units,Radiant,Steam/Hotwater
    • Units Total: 11
    • Address: 615 N Dubuque St., Iowa City, IA, 52245
    • MLS ID: 202305156

    Description

    • Description:

      11-unit apartment building right on Dubuque near the main U of I campus. One unit is a two bedroom and ten are efficiencies. The heat is central hot water, and the cooling is by window AC. Lots of charm in this 3 story building. However, the real value is in the 8,400 feet of land for future development. The income for 2022 was low at $63,000 and expenses are up to $57,000, including flooring and other capital improvements. The roof was replaced in 2018. There are 4 garages available to lease to tenants. 48 hour notice for all showings.

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    Location

    • Directions: N on Dubuque Street from downtown. Property is on the left side just past Church St.
    • County: Johnson

    Building Details

    • Basement: Block
    • Parking: 4 or More Cars

    Amenities & Features

    • Features:
      DryerRange/OvenRefrigeratorWasher

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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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